Quilter plc (LON:QLT) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Quilter plc (LON:QLT) have received an average rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 210.86.

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

Quilter Stock Performance

LON:QLT opened at GBX 175.50 on Friday. The company has a market capitalization of £2.37 billion, a PE ratio of 20.65, a P/E/G ratio of 2.50 and a beta of 0.82. The company has a 50 day simple moving average of GBX 188.88 and a two-hundred day simple moving average of GBX 188.66. 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 has a fifty-two week low of GBX 163.30 and a fifty-two week high of GBX 209.

Quilter (LON:QLT) last released its quarterly earnings results 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%. Research analysts anticipate that Quilter will post 9.004676 earnings per share 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.