Quilter plc (LON:QLT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Quilter plc (LON:QLT) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 210.86.

Several equities research analysts recently commented on the company. Citigroup increased their price objective on Quilter from GBX 195 to GBX 210 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 235 price target on shares of Quilter in a research note on Friday, August 7th. Finally, Berenberg Bank upped their price objective on Quilter from GBX 215 to GBX 220 and gave the company a “buy” rating in a research report on Friday, August 7th.

Quilter Stock Performance

LON QLT opened at GBX 183.30 on Monday. Quilter has a 52-week low of GBX 158.10 and a 52-week high of GBX 209. The company has a fifty day moving average of GBX 196.06 and a 200-day moving average of GBX 189.18. The company has a market capitalization of £2.48 billion, a P/E ratio of 21.56, a P/E/G ratio of 2.50 and a beta of 0.82. The company has a debt-to-equity ratio of 19.46, a quick ratio of 0.05 and a current ratio of 2.09.

Quilter (LON:QLT) last issued 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 predict that Quilter will post 9.004676 EPS for the current fiscal 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.