Quilter (OTCMKTS:QUILF) Shares Down 1.2% – What’s Next?

Quilter plc (OTCMKTS:QUILF)’s share price fell 1.2% on Tuesday . The stock traded as low as $2.55 and last traded at $2.55. Approximately 100 shares were traded during mid-day trading, a decline of 89% from the average session volume of 880 shares. The stock had previously closed at $2.58.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Citigroup reiterated a “neutral” rating on shares of Quilter in a research note on Monday, August 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Quilter in a research note on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Quilter in a research report on Friday, July 3rd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Quilter Trading Down 1.2%

The firm’s 50-day moving average price is $2.72 and its 200-day moving average price is $2.72.

About Quilter

Quilter (OTCMKTS:QUILF) is a UK-based wealth management company that provides a comprehensive suite of financial planning and investment solutions to private clients, financial advisers and intermediaries. The company’s core activities include discretionary fund management, retirement planning, estate and tax planning, and advisory services. Quilter operates a multi–asset investment platform that enables clients to access a broad range of funds, model portfolios and bespoke investment strategies designed to meet diverse risk profiles and financial objectives.

Established as part of the Old Mutual Group, Quilter was demerged and listed on the London Stock Exchange in June 2018, marking its emergence as an independent, publicly traded entity.