Quilter (LON:QLT) Hits New 52-Week High - Should You Buy?

Quilter plc (LON:QLT - Get Free Report) shares hit a new 52-week high on Friday . The stock traded as high as GBX 169.50 ($2.27) and last traded at GBX 167.70 ($2.25), with a volume of 145465 shares trading hands. The stock had previously closed at GBX 168.30 ($2.26).

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Citigroup raised their price target 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. JPMorgan Chase & Co. raised their price target on shares of Quilter from GBX 164 ($2.20) to GBX 177 ($2.37) and gave the stock an "overweight" rating in a research report on Wednesday.

Quilter Trading Up 0.2%

The firm's 50-day moving average is GBX 155.67 and its 200 day moving average is GBX 150.63. 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 firm has a market capitalization of £2.24 billion, a price-to-earnings ratio of 45.36, a P/E/G ratio of 2.50 and a beta of 1.05.

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.