Quilter plc (LON:QLT) Stock Has Average Target Price of GBX 210.86 According to Brokerages

Shares of Quilter plc (LON:QLT) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 210.86.

Several equities analysts have recently commented on the stock. Citigroup boosted their target price on shares of Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Berenberg Bank reissued a “buy” rating and set a GBX 220 price objective on shares of Quilter in a report on Thursday, October 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 235 price objective on shares of Quilter in a research report on Friday, August 7th.

Quilter Trading Up 0.1%

Shares of LON:QLT opened at GBX 186.70 on Tuesday. The stock has a 50 day moving average of GBX 183.14 and a 200 day moving average of GBX 187.84. The company has a market cap of £2.50 billion, a PE ratio of 21.96, a price-to-earnings-growth ratio of 2.50 and a beta of 0.82. Quilter has a 12-month low of GBX 163.30 and a 12-month high of GBX 209. The company has a current ratio of 2.09, a quick ratio of 0.05 and a debt-to-equity ratio of 19.46.

Quilter (LON:QLT) last released its earnings results on Thursday, August 6th. The company reported GBX 3.30 EPS for the quarter. Quilter had a net margin of 0.88% and a return on equity of 8.39%. As a group, equities research analysts expect that Quilter will post 9.00 EPS for the current year.

Quilter Company Profile

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.

Its purpose is to create brighter financial futures for every generation.

Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.

It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.