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

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

A number of brokerages have recently commented on QLT. Berenberg Bank lifted their target price on Quilter from GBX 215 to GBX 220 and gave the stock a “buy” rating in a report on Friday, August 7th. Citigroup lifted their price objective on shares of Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a research note 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 research note on Friday, August 7th.

Quilter Price Performance

Quilter stock opened at GBX 174.90 on Friday. The company has a market cap of £2.36 billion, a price-to-earnings ratio of 20.58, a PEG ratio of 2.50 and a beta of 0.82. The firm’s fifty day moving average is GBX 189.70 and its 200 day moving average is GBX 188.70. 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 52-week low of GBX 160.90 and a 52-week high of GBX 209.

Quilter (LON:QLT) last released its quarterly earnings data 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%. Sell-side analysts forecast 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.