Quilter PLC -6.5% potential downside indicated by Berenberg Bank

Quilter PLC with ticker (LON:QLT) now has a potential downside of -6.5% according to Berenberg Bank.



Berenberg Bank set a target price of 105 GBX for the company, which when compared to the Quilter PLC share price of 112 GBX at opening today (09/05/2024) indicates a potential downside of -6.5%. Trading has ranged between 71 (52 week low) and 114 (52 week high) with an average of 2,343,841 shares exchanging hands daily. The market capitalisation at the time of writing is £1,585,936,554.

Quilter plc is a United Kingdom-based wealth management company engaged in providing investment and wealth management services, multi-asset investment solutions, and financial advice through its subsidiaries and associates primarily in the United Kingdom. The Company operates through two segments: Affluent and High Net Worth. Its Affluent segment includes Quilter Investment Platform, Quilter Investors, and Quilter Financial Planning. Its High Net Worth segment includes Quilter Cheviot and Quilter Private Client Advisers. Quilter Cheviot provides discretionary investment management predominantly in the United Kingdom with bespoke investment portfolios tailored to the individual needs of high-net-worth clients, charities, companies, and institutions through a network of branches in London and the regions. Quilter Private Client Advisers provide financial advice for protection, mortgages, savings, investments, and pensions, predominantly to high-net-worth clients.