Quilter (LON:QLT)‘s stock had its “buy” rating restated by stock analysts at UBS Group in a report released on Thursday, September 20th, investing.thisismoney.co.uk reports.

Several other equities analysts have also weighed in on the stock. Numis Securities reiterated a “hold” rating and set a GBX 138 ($1.80) price objective on shares of Quilter in a report on Wednesday, September 19th. Goldman Sachs Group started coverage on shares of Quilter in a research report on Monday, August 6th. They set a “buy” rating and a GBX 180 ($2.35) target price for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Quilter in a research report on Monday, August 6th. They set a “neutral” rating and a GBX 163 ($2.13) target price for the company.

QLT stock traded up GBX 1.82 ($0.02) during midday trading on Thursday, hitting GBX 122.72 ($1.60). The stock had a trading volume of 7,472,814 shares.

In other news, insider Glyn Jones acquired 50,000 shares of Quilter stock in a transaction on Thursday, August 9th. The stock was acquired 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.

Read More: Diversification

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