Quilter (LON:QLT) Given “Overweight” Rating at JPMorgan Chase & Co.

Quilter (LON:QLT)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, MarketBeat reports.

Several other equities research analysts have also recently issued reports on QLT. Citigroup upgraded shares of Quilter to a “neutral” rating in a research report on Friday, May 31st. Berenberg Bank boosted their price objective on Quilter from GBX 105 ($1.38) to GBX 135 ($1.78) and gave the company a “hold” rating in a report on Friday, August 9th.

Quilter Price Performance

LON:QLT opened at GBX 135.40 ($1.78) on Tuesday. The stock has a 50 day moving average price of GBX 130.67 and a 200 day moving average price of GBX 116.53. The stock has a market cap of £1.88 billion, a PE ratio of 3,385.00, a P/E/G ratio of 2.55 and a beta of 1.05. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. Quilter has a one year low of GBX 75.05 ($0.99) and a one year high of GBX 150.50 ($1.98).

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.