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Quilter ( (GB:QLT) ) has shared an announcement.
Quilter PLC has announced a change in its major holdings as the Public Investment Corporation, based in South Africa, has adjusted its voting rights in the company. The adjustment saw the Public Investment Corporation’s voting rights decrease from 11.997% to 10.773%, which may impact Quilter’s shareholder dynamics and influence within the company.
The most recent analyst rating on (GB:QLT) stock is a Buy with a £175.00 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 overall stock score is influenced by its solid cash flow and strategic corporate events, which bolster confidence. However, challenges in consistent revenue generation and negative valuation indicators weigh on the score. Strong technical momentum and high dividend yield provide additional support, but the lack of recent earnings call data leaves some uncertainty.
To see Spark’s full report on GB:QLT stock, click here.
More about Quilter
Quilter PLC is a UK-based company operating in the financial services industry. It primarily offers investment management and financial advisory services, focusing on providing tailored financial solutions to its clients.
Average Trading Volume: 2,083,852
Technical Sentiment Signal: Buy
Current Market Cap: £2.12B
See more insights into QLT stock on TipRanks’ Stock Analysis page.