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Quilter ( (GB:QLT) ) has provided an announcement.
Quilter plc announced that Stephen Gazard, the Chief Distribution Officer and a Person Discharging Managerial Responsibilities, sold 145,000 ordinary shares at a price of £1.649 per share on the London Stock Exchange. This transaction may indicate strategic financial decisions by the company’s management and could have implications for shareholder perceptions and market positioning.
The most recent analyst rating on (GB:QLT) stock is a Hold with a £160.00 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 primarily influenced by its strong cash flow and stable balance sheet, which are offset by inconsistent revenue and profitability. Technical indicators suggest a lack of strong momentum, and the valuation is hindered by a negative P/E ratio. The dividend yield offers some appeal, 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, focusing on wealth management and investment solutions. The company provides a range of services including financial planning, investment management, and advice, catering primarily to individual and institutional clients.
Average Trading Volume: 2,301,404
Technical Sentiment Signal: Buy
Current Market Cap: £2.23B
Find detailed analytics on QLT stock on TipRanks’ Stock Analysis page.