Deutsche Bank Aktiengesellschaft Lowers Quilter (LON:QLT) Price Target to GBX 155

Key Points

• Deutsche Bank Aktiengesellschaft has lowered its price target for Quilter from GBX 165 to GBX 155, indicating a potential downside of 4.14% from the stock's previous close.
• Other analysts have varied opinions on Quilter, with Citigroup setting a target of GBX 166 and Jefferies raising theirs to GBX 193, contributing to a consensus rating of "Hold".
• Quilter's shares opened at GBX 161.70, with a market cap of £2.15 billion and reported earnings of GBX 5.60 per share for the last quarter.

Quilter (LON:QLT - Get Free Report) had its target price lowered by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 165 ($2.20) to GBX 155 ($2.07) in a note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential downside of 4.14% from the stock's previous close.

Other research analysts also recently issued reports about the stock. Citigroup raised their price objective on shares of Quilter from GBX 140 ($1.87) to GBX 166 ($2.22) and gave the stock a "neutral" rating in a research report on Thursday, July 10th. Jefferies Financial Group raised their price target on Quilter from GBX 175 ($2.34) to GBX 193 ($2.58) and gave the stock a "buy" rating in a report on Thursday. Finally, JPMorgan Chase & Co. upped their price objective on Quilter from GBX 164 ($2.19) to GBX 177 ($2.36) and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 165.20 ($2.21).

Quilter Price Performance

Shares of QLT opened at GBX 161.70 ($2.16) on Wednesday. The firm has a market capitalization of £2.15 billion, a price-to-earnings ratio of 43.48, a PEG ratio of 2.50 and a beta of 1.05. The firm's fifty day simple moving average is GBX 160.19 and its 200-day simple moving average is GBX 152.38. Quilter has a twelve month low of GBX 119.70 ($1.60) and a twelve month high of GBX 173.20 ($2.31). 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 (LON:QLT - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported GBX 5.60 ($0.07) EPS for the quarter. Quilter had a return on equity of 3.33% and a net margin of 0.78%. Equities analysts forecast that Quilter will post 9.004676 EPS for the current fiscal year.

Quilter Company Profile

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.

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