Quilter (LON:QLT) Price Target Raised to GBX 177 at JPMorgan Chase & Co.

Quilter (LON:QLT - Free Report) had its target price lifted by JPMorgan Chase & Co. from GBX 164 ($2.20) to GBX 177 ($2.38) in a research note published on Wednesday morning, Marketbeat reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Separately, Citigroup upped their price objective on shares of Quilter from GBX 140 ($1.88) to GBX 166 ($2.23) and gave the stock a "neutral" rating in a research report on Thursday, July 10th.

Quilter Price Performance

Quilter stock traded up GBX 0.40 ($0.01) during mid-day trading on Wednesday, reaching GBX 168.70 ($2.26). The company had a trading volume of 1,086,325 shares, compared to its average volume of 4,371,203. Quilter has a fifty-two week low of GBX 119.70 ($1.61) and a fifty-two week high of GBX 169.50 ($2.28). The company has a current ratio of 1.18, a quick ratio of 0.05 and a debt-to-equity ratio of 18.69. The company has a market cap of £2.24 billion, a P/E ratio of 45.36, a P/E/G ratio of 2.50 and a beta of 1.05. The business has a fifty day simple moving average of GBX 155.67 and a 200 day simple moving average of GBX 150.67.

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.