Quilter plc (LON:QLT) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Consensus "Moderate Buy": Seven analysts cover Quilter (five buy, two hold) with an average 12‑month price target of GBX 201.57 and recent targets ranging roughly GBX 175–220.
• Large insider selling: On April 7 insiders Mark Satchel and Steven Levin sold 570,445 and 679,997 shares respectively at GBX 177, totaling about £2.21 million; insiders now own 0.36% of the stock.
• Stock snapshot: Quilter opened at GBX 184.30 with a market cap of £2.54 billion and a P/E of 21.43, a one‑year range of GBX 136.70–201.60, last quarter EPS of GBX 8.90 and expected fiscal‑year EPS around 9.00.

Shares of Quilter plc (LON:QLT - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 201.57.

Several brokerages have recently commented on QLT. UBS Group restated a "buy" rating and issued a GBX 210 price objective on shares of Quilter in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased 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. Citigroup lifted their target price on Quilter from GBX 190 to GBX 195 and gave the company a "neutral" rating in a research note on Friday, April 24th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 220 price target on shares of Quilter in a report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. dropped their price target on Quilter from GBX 212 to GBX 206 and set an "overweight" rating for the company in a research note on Tuesday, April 21st.

Insiders Place Their Bets

In related news, insider Mark Satchel sold 570,445 shares of the company's stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of GBX 177, for a total transaction of £1,009,687.65. Also, insider Steven Levin sold 679,997 shares of the firm's stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of GBX 177, for a total transaction of £1,203,594.69. 0.36% of the stock is currently owned by corporate insiders.

Quilter Stock Performance

Shares of LON QLT opened at GBX 184.30 on Tuesday. The stock has a market cap of £2.54 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.80. Quilter has a 1 year low of GBX 136.70 and a 1 year high of GBX 201.60. The firm has a fifty day moving average price of GBX 181.69 and a 200-day moving average price of GBX 183.44. The company has a debt-to-equity ratio of 18.49, a current ratio of 3.92 and a quick ratio of 0.05.

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 net margin of 1.28% and a return on equity of 8.35%. Equities analysts anticipate that Quilter will post 9.004676 earnings per share for the current fiscal year.

Quilter Company Profile

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients. Its purpose is to create brighter financial futures for every generation. Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service. It has leading positions in one of the world's largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.

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