Mattioli Woods plc (MTW) PT Raised to GBX 735 at Canaccord Genuity
Mattioli Woods plc (LON:MTW) had its price objective boosted by stock analysts at Canaccord Genuity from GBX 660 ($8.62) to GBX 735 ($9.59) in a report released on Thursday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target would indicate a potential downside of 0.47% from the stock’s previous close.
Several other research analysts have also commented on the company. FinnCap reaffirmed a “hold” rating on shares of Mattioli Woods plc in a research report on Thursday, September 8th. Macquarie reissued an “outperform” rating and issued a GBX 820 ($10.70) target price on shares of Mattioli Woods plc in a report on Tuesday, August 30th. Finally, Shore Capital reissued a “hold” rating on shares of Mattioli Woods plc in a report on Tuesday, July 5th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Mattioli Woods plc has an average rating of “Hold” and an average price target of GBX 708.75 ($9.25).
Mattioli Woods plc (LON:MTW) opened at 738.50 on Thursday. The firm has a 50-day moving average price of GBX 669.23 and a 200-day moving average price of GBX 640.08. The stock’s market cap is GBX 186.14 million. Mattioli Woods plc has a one year low of GBX 566.00 and a one year high of GBX 750.00.
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The business also recently announced a dividend, which will be paid on Tuesday, November 1st. Stockholders of record on Thursday, September 22nd will be issued a GBX 8.65 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a dividend yield of 1.27%. This is a positive change from Mattioli Woods plc’s previous dividend of $3.85.
Mattioli Woods plc Company Profile
Mattioli Woods plc is a United Kingdom-based provider of wealth management and employee benefit services. The Company’s principal services include wealth management, employee benefits and pensions. Its operating segments include Direct pension consultancy and administration, which provides Self Invested Personal Pension and Small Self-Administered Pension Scheme arrangements; Third party pension administration, which offers pensions administration; Investment and asset management; Property management, consisting of the operations of Custodian Capital Limited, and Employee benefits, which offers solutions to assist its corporate clients around employee engagement.
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