Quilter (QLT) Given New GBX 157 Price Target at JPMorgan Chase & Co.

Quilter (LON:QLT) had its price objective decreased by JPMorgan Chase & Co. from GBX 168 ($2.20) to GBX 157 ($2.05) in a research note published on Thursday. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Numis Securities raised their price objective on shares of Quilter from GBX 142 ($1.86) to GBX 147 ($1.92) and gave the stock a hold rating in a research note on Thursday, August 9th. UBS Group restated a buy rating and issued a GBX 190 ($2.48) price objective on shares of Quilter in a research note on Thursday, August 9th. Finally, Goldman Sachs Group began coverage on shares of Quilter in a research note on Monday, August 6th. They issued a buy rating and a GBX 180 ($2.35) price objective on the stock.

Shares of Quilter stock opened at GBX 113.64 ($1.48) on Thursday.

In other news, insider Glyn Jones bought 50,000 shares of Quilter stock in a transaction that occurred on Thursday, August 9th. The stock was purchased at an average cost of GBX 151 ($1.97) per share, with a total value of £75,500 ($98,654.12).

Quilter Company Profile

Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally. The company operates through two segments, Advice & Wealth Management, and Wealth Platforms. The Advice & Wealth Management segment offers regulated face-to-face advice services to individuals and businesses in financial planning, mortgages, and protection through qualified financial advisers and mortgage and protection advisers; multi-asset investment solutions for its customers' accumulation and decumulation needs; and discretionary and advisory wealth management services to private clients, corporates, pension funds, trusts, and charities.

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