Quilter plc (LON:QLT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Quilter plc (LON:QLT) have received an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 206.29.

A number of equities analysts recently issued reports on QLT shares. JPMorgan Chase & Co. upped their price objective on shares of Quilter from GBX 186 to GBX 189 and gave the stock an “overweight” rating in a research report on Friday, November 14th. UBS Group reiterated a “buy” rating and set a GBX 210 price target on shares of Quilter in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft raised their price objective on Quilter from GBX 165 to GBX 170 and gave the company a “hold” rating in a report on Wednesday, January 21st. Berenberg Bank upped their target price on Quilter from GBX 195 to GBX 215 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Finally, Jefferies Financial Group increased their target price on Quilter from GBX 210 to GBX 250 and gave the company a “buy” rating in a research report on Thursday, January 22nd.

Quilter Stock Down 1.2%

Shares of LON QLT opened at GBX 194.30 on Friday. The company has a market cap of £2.70 billion, a price-to-earnings ratio of -1,943.00, a PEG ratio of 2.50 and a beta of 1.05. The company has a current ratio of 1.18, a quick ratio of 0.05 and a debt-to-equity ratio of 18.69. Quilter has a 12 month low of GBX 119.70 and a 12 month high of GBX 201.60. The stock has a 50-day moving average price of GBX 186.24 and a two-hundred day moving average price of GBX 175.23.

Insider Buying and Selling

In other Quilter news, insider Chris Hill bought 28,224 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were acquired at an average cost of GBX 177 per share, for a total transaction of £49,956.48. Also, insider Alison Morris bought 13,857 shares of Quilter stock in a transaction on Friday, November 14th. The shares were acquired at an average cost of GBX 179 per share, for a total transaction of £24,804.03. 0.36% of the stock is owned by company insiders.

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.