Quilter (LON:QLT) Sets New 12-Month High – Here’s What Happened

Shares of Quilter plc (LON:QLT) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 155 ($1.96) and last traded at GBX 154.93 ($1.96), with a volume of 1282653 shares changing hands. The stock had previously closed at GBX 149.90 ($1.90).

Analyst Ratings Changes

A number of brokerages have issued reports on QLT. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Quilter in a research report on Tuesday, September 3rd. Berenberg Bank raised their target price on shares of Quilter from GBX 105 ($1.33) to GBX 135 ($1.71) and gave the company a “hold” rating in a research report on Friday, August 9th.

Quilter Trading Up 3.7 %

The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05. The firm has a market capitalization of £2.16 billion, a price-to-earnings ratio of 3,747.50, a PEG ratio of 2.50 and a beta of 1.05. The business’s 50-day moving average price is GBX 141.66 and its 200 day moving average price is GBX 132.04.

About Quilter

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.