Quilter plc (LON:QLT) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Quilter plc (LON:QLT) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 210.86.

QLT has been the subject of several recent research reports. Berenberg Bank restated a “buy” rating and set a GBX 220 target price on shares of Quilter in a report on Thursday, October 22nd. Citigroup raised their target price 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 target price on shares of Quilter in a report on Friday, August 7th.

Quilter Stock Down 1.9%

Shares of LON QLT opened at GBX 183.40 on Tuesday. The stock has a market cap of £2.46 billion, a P/E ratio of 21.58, a P/E/G ratio of 2.50 and a beta of 0.82. Quilter has a 52-week low of GBX 163.30 and a 52-week high of GBX 209. The company has a debt-to-equity ratio of 19.46, a quick ratio of 0.05 and a current ratio of 2.09. The firm has a 50 day moving average price of GBX 183.28 and a 200 day moving average price of GBX 187.84.

Quilter (LON:QLT) last posted its earnings results on Thursday, August 6th. The company reported GBX 3.30 earnings per share (EPS) for the quarter. Quilter had a return on equity of 8.39% and a net margin of 0.88%. 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.