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

Key Points

• Consensus "Moderate Buy": Seven brokers covering Quilter have an average 12‑month price target of GBX 210.29, with six "buy" ratings and one "hold."
• Stock and recent results: QLT traded near GBX 183.20 with a £2.53bn market cap and a PE of 21.3; it posted quarterly EPS of GBX 8.90 (analysts expect ~GBX 9.00 for the year), while brokers' targets range from GBX 175–250 (Jefferies at GBX 250, Citi neutral at GBX 200).

Shares of Quilter plc (LON:QLT - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 210.29.

A number of equities research analysts recently weighed in on QLT shares. Deutsche Bank Aktiengesellschaft lifted their target price on Quilter from GBX 170 to GBX 175 and gave the stock a "buy" rating in a research report on Thursday, March 5th. Berenberg Bank reissued a "buy" rating and set a GBX 215 target price on shares of Quilter in a research report on Thursday, March 5th. UBS Group reissued a "buy" rating and set a GBX 210 target price on shares of Quilter in a research report on Friday, January 16th. Jefferies Financial Group raised their price target on shares of Quilter from GBX 210 to GBX 250 and gave the stock a "buy" rating in a research note on Thursday, January 22nd. Finally, Citigroup raised their price target on shares of Quilter from GBX 198 to GBX 200 and gave the stock a "neutral" rating in a research note on Monday, January 26th.

Quilter Stock Down 0.4%

QLT stock opened at GBX 183.20 on Friday. Quilter has a twelve month low of GBX 125.20 and a twelve month high of GBX 201.60. The company has a market cap of £2.53 billion, a PE ratio of 21.30, a price-to-earnings-growth ratio of 2.50 and a beta of 0.80. The business's 50-day simple moving average is GBX 183.01 and its 200 day simple moving average is GBX 181.41. The company has a quick ratio of 0.05, a current ratio of 3.92 and a debt-to-equity ratio of 18.49.

Quilter (LON:QLT - Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported GBX 8.90 earnings per share for the quarter. Quilter had a return on equity of 8.35% and a net margin of 1.28%. On average, research analysts anticipate that Quilter will post 9.004676 earnings per share for the current 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.

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