Analysts Set Quilter plc (LON:QLT) PT at GBX 206.29

Quilter plc (LON:QLT) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 206.29.

A number of brokerages recently commented on QLT. UBS Group reaffirmed a “buy” rating and issued a GBX 210 price target on shares of Quilter in a report on Friday, January 16th. Citigroup raised their price objective on Quilter from GBX 198 to GBX 200 and gave the company a “neutral” rating in a research note on Monday, January 26th. Jefferies Financial Group boosted their target price on Quilter from GBX 210 to GBX 250 and gave the company a “buy” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. raised their price target on Quilter from GBX 186 to GBX 189 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Quilter from GBX 165 to GBX 170 and gave the company a “hold” rating in a research report on Wednesday, January 21st.

Quilter Price Performance

Quilter stock opened at GBX 187.78 on Thursday. Quilter has a 52-week low of GBX 119.70 and a 52-week high of GBX 201.60. The company has a quick ratio of 0.05, a current ratio of 1.18 and a debt-to-equity ratio of 18.69. The firm’s fifty day moving average is GBX 187.30 and its 200 day moving average is GBX 177.42. The company has a market cap of £2.61 billion, a price-to-earnings ratio of -1,877.78, a PEG ratio of 2.50 and a beta of 1.05.

About Quilter

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.