Quilter (QLT)

Sector:

Financials

Index:

FTSE 250

143.40p
   
  • Change Today:
    -0.30p
  • 52 Week High: 148.20
  • 52 Week Low: 82.10
  • Currency: UK Pounds
  • Shares Issued: 1,404.11m
  • Volume: 1,407,102
  • Market Cap: £2,013.49m
  • RiskGrade: 118

Barclays starts Brewin Dolphin, Rathbones at 'overweight'

By Michele Maatouk

Date: Tuesday 21 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage of UK wealth managers Brewin Dolphin and Rathbone Brothers on Tuesday as it took a positive stance on the sector.
The bank said wealth managers offer various attractive characteristics, including structural growth, long asset lives, and reliable capital return.

"We believe structural trends should be supplemented by cyclical tailwinds, with pent-up demand sustaining the uptick in flows seen in H1 2021," it said.

"Valuations remain reasonable despite strong share price performance year-to-date, and we see scope for further earnings upgrades with catalysts later this year."

Barclays started Brewin Dolphin and Rathbone Brothers at 'overweight' with price targets of 430p and 2,500p, respectively, The bank downgraded Quilter to 'underweight' from 'equalweight' and cut the price target to 130p from 155p "on stock-specific concerns".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Quilter Market Data

Currency UK Pounds
Share Price 143.40p
Change Today -0.30p
% Change -0.21 %
52 Week High 148.20
52 Week Low 82.10
Volume 1,407,102
Shares Issued 1,404.11m
Market Cap £2,013.49m
RiskGrade 118

Quilter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.58% above the market average41.58% above the market average41.58% above the market average41.58% above the market average41.58% above the market average
37.61% below the sector average37.61% below the sector average37.61% below the sector average37.61% below the sector average37.61% below the sector average
Price Trend
91.49% above the market average91.49% above the market average91.49% above the market average91.49% above the market average91.49% above the market average
91.15% above the sector average91.15% above the sector average91.15% above the sector average91.15% above the sector average91.15% above the sector average
Income
30.92% above the market average30.92% above the market average30.92% above the market average30.92% above the market average30.92% above the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Growth
63.69% below the market average63.69% below the market average63.69% below the market average63.69% below the market average63.69% below the market average
39.81% below the sector average39.81% below the sector average39.81% below the sector average39.81% below the sector average39.81% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 7
Sell 2
Strong Sell 0
Total 14
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Quilter Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-24 18-Apr-24
Paid 23-Sep-24 28-May-24
Amount 1.70p 3.70p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 858,360 @ 143.40p
16:35 183 @ 143.40p
16:35 5,745 @ 143.40p
16:35 4,599 @ 143.40p
16:35 1,146 @ 143.40p

Quilter Key Personnel

CFO Mark Satchel
CEO Steven Levin

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