Quilter (LON:QLT) Price Target Raised to GBX 183

Quilter (LON:QLT) had its price objective lifted by Citigroup from GBX 172 to GBX 183 in a report released on Monday morning, MarketBeat.com reports. They currently have a neutral rating on the stock.

Several other analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Quilter from GBX 155 to GBX 160 and gave the company a “hold” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. increased their price objective on shares of Quilter from GBX 182 to GBX 186 and gave the company an “overweight” rating in a research report on Monday, October 13th. UBS Group reissued a “buy” rating and set a GBX 190 price objective on shares of Quilter in a research report on Friday, October 17th. Jefferies Financial Group increased their price objective on shares of Quilter from GBX 193 to GBX 203 and gave the company a “buy” rating in a research report on Friday, October 17th. Finally, Berenberg Bank raised shares of Quilter to a “buy” rating and increased their price objective for the company from GBX 150 to GBX 195 in a research report on Tuesday, August 12th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 186.17.

Quilter Trading Up 1.3%

LON QLT opened at GBX 177.20 on Monday. The company has a quick ratio of 0.05, a current ratio of 1.18 and a debt-to-equity ratio of 18.69. Quilter has a twelve month low of GBX 119.70 and a twelve month high of GBX 182.70. The firm has a market capitalization of £2.46 billion, a PE ratio of -1,772.00, a P/E/G ratio of 2.50 and a beta of 1.05. The stock’s 50 day moving average is GBX 165.59 and its 200 day moving average is GBX 156.18.

Quilter (LON:QLT) last issued its quarterly earnings results on Wednesday, August 6th. The company reported GBX 5.60 earnings per share (EPS) for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. Research analysts forecast that Quilter will post 9.004676 earnings per share for the current fiscal year.

About Quilter

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.