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Quilter is back in focus after a fresh round of price target moves, with the new fair value estimate nudged from £1.87 to £2.04 and published targets now stretching from around 170 GBp up to 223 GBp. Those numbers sit alongside a split in analyst opinion, with some seeing room for the share price to close part of the gap to the higher targets, while others argue much of the improvement is already reflected. In the sections that follow, you will see what is driving that debate and how to keep track of the evolving narrative around Quilter.
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JPMorgan has one of the higher targets on Quilter, lifting its fair value view to 223 GBp from 210 GBp while keeping an Overweight rating, which signals confidence that the shares have room to better reflect its thesis.
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Citi and Berenberg have also adjusted their targets upward in recent months, with Citi making multiple small increases and Berenberg lifting its target by 20 GBp, which points to a generally constructive stance among part of the analyst group.
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Barclays, despite raising its target to 170 GBp from 140 GBp, maintains an Underweight rating. This underlines a view that the shares may be pricing in a lot of the potential already.
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The spread between Barclays at 170 GBp and JPMorgan at 223 GBp highlights a clear divide on valuation and execution risk. This gives you a sense that expectations across the Street are far from aligned.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there’s more to the story. Head to the Simply Wall St Community to discover more perspectives!
We’ve flagged 1 risk for Quilter. See which could impact your investment.
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Quilter’s Board has recommended a final dividend of 4.3 pence per share for 2025, with an expected total cost of £58 million, subject to shareholder approval at the 2026 AGM.
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The proposed final dividend is scheduled to be paid on 18 May 2026 to shareholders on the UK and South African registers as of the 17 April 2026 record date.
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For shareholders on the South African register, the Board has set the final dividend at 94.67035 South African cents per share, based on an exchange rate of 22.01636.
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Fair value estimate has moved from £1.87 to £2.04.
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Forecast revenue contraction has shifted from about a 43.68% decline to a 43.54% decline.
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Forecast net profit margin has adjusted from 21.25% to 21.27%.
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The future P/E multiple used has moved from 18.6x to 19.7x.
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The discount rate used in the model has shifted from 8.66% to 8.36%.
Narratives link Quilter’s business story to analyst forecasts and fair value estimates so you can see how headlines and data fit together. They update over time as new information, risks and assumptions come through.
Head over to the Simply Wall St Community and follow the Narrative on Quilter to stay up to date on:
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How demand for wealth advice, pension shifts and intergenerational wealth transfer feed into Quilter’s client growth and recurring revenues.
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The impact of cost simplification, digital programs and adviser expansion on margins, operating leverage and earnings resilience.
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Key risks such as fee margin compression, higher regulatory costs, digital competition, market volatility and execution risk on productivity initiatives.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include QLT.L.
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