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Quilter ( (GB:QLT) ) just unveiled an update.
Quilter plc announced the acquisition of ordinary shares by two of its Non-executive Directors, Chris Hill and Alison Morris. This transaction, involving purchases on the London Stock Exchange, reflects a potential vote of confidence in the company’s performance and future prospects by its leadership, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (GB:QLT) stock is a Buy with a £189.00 price target. To see the full list of analyst forecasts on Quilter stock, see the GB:QLT Stock Forecast page.
Spark’s Take on GB:QLT Stock
According to Spark, TipRanks’ AI Analyst, GB:QLT is a Neutral.
Quilter’s stock score is primarily influenced by its strong cash flow and stable balance sheet, which are offset by inconsistent revenue and profitability. The technical analysis shows positive momentum, but the valuation is weak due to negative earnings. The dividend yield provides some support, but overall, the stock faces significant challenges.
To see Spark’s full report on GB:QLT stock, click here.
More about Quilter
Quilter plc operates in the financial services industry, primarily focusing on wealth management. The company offers a range of services including investment management, financial planning, and advice, catering to individual and institutional clients.
YTD Price Performance: 23.04%
Average Trading Volume: 1,980,125
Technical Sentiment Signal: Buy
Current Market Cap: £2.45B
For detailed information about QLT stock, go to TipRanks’ Stock Analysis page.