JPMorgan Chase & Co. Issues Positive Forecast for Quilter (LON:QLT) Stock Price

Quilter (LON:QLT) had its price objective upped by JPMorgan Chase & Co. from GBX 186 to GBX 189 in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 5.12% from the company’s current price.

Other research analysts have also issued research reports about the company. Citigroup boosted their price target on Quilter from GBX 172 to GBX 183 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Jefferies Financial Group upped their price objective on shares of Quilter from GBX 193 to GBX 203 and gave the stock a “buy” rating in a report on Friday, October 17th. UBS Group reissued a “buy” rating and set a GBX 190 target price on shares of Quilter in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Quilter from GBX 155 to GBX 160 and gave the stock a “hold” rating in a research note on Friday, October 3rd. Finally, Royal Bank Of Canada increased their price objective on shares of Quilter from GBX 200 to GBX 210 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 190.

Quilter Stock Performance

Shares of Quilter stock traded down GBX 1 during trading hours on Friday, reaching GBX 179.80. The company’s stock had a trading volume of 801,520 shares, compared to its average volume of 4,174,890. Quilter has a one year low of GBX 119.70 and a one year high of GBX 190.90. The company’s 50 day simple moving average is GBX 171.41 and its 200 day simple moving average is GBX 162.11. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The stock has a market cap of £2.50 billion, a P/E ratio of -1,798.00, a price-to-earnings-growth 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.