Quilter plc (LON:QLT) Receives GBX 210.86 Consensus PT from Analysts

Quilter plc (LON:QLT) has received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 210.86.

A number of equities analysts have weighed in on QLT shares. Berenberg Bank upped their price target on Quilter from GBX 215 to GBX 220 and gave the stock a “buy” rating in a report on Friday, August 7th. Citigroup boosted their target price on shares of Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 235 price target on shares of Quilter in a report on Friday, August 7th.

Quilter Trading Up 0.3%

Shares of QLT stock opened at GBX 185.40 on Monday. The stock has a market cap of £2.50 billion, a price-to-earnings ratio of 21.81, a price-to-earnings-growth ratio of 2.50 and a beta of 0.82. The company has a quick ratio of 0.05, a current ratio of 2.09 and a debt-to-equity ratio of 19.46. Quilter has a fifty-two week low of GBX 158.10 and a fifty-two week high of GBX 209. The firm’s 50 day moving average price is GBX 196.06 and its two-hundred day moving average price is GBX 189.18.

Quilter (LON:QLT) last released its quarterly earnings data on Thursday, August 6th. The company reported GBX 3.30 earnings per share (EPS) for the quarter. Quilter had a net margin of 0.88% and a return on equity of 8.39%. On average, analysts anticipate that Quilter will post 9.004676 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.