Mattioli Woods plc (MTW) Receives Consensus Rating of “Hold” from Brokerages
Shares of Mattioli Woods plc (LON:MTW) have earned an average recommendation of “Hold” from the six brokerages that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 795.40 ($10.65).
A number of research firms recently commented on MTW. Canaccord Genuity Group reiterated a “hold” rating and set a GBX 840 ($11.25) price target on shares of Mattioli Woods in a report on Friday, November 3rd. Shore Capital reiterated a “hold” rating on shares of Mattioli Woods in a report on Tuesday, August 15th. Canaccord Genuity upped their price target on shares of Mattioli Woods from GBX 795 ($10.65) to GBX 840 ($11.25) and gave the company a “hold” rating in a report on Monday, September 11th. Finally, FinnCap lowered shares of Mattioli Woods to a “hold” rating and set a GBX 850 ($11.38) price target for the company. in a report on Tuesday, September 5th.
In related news, insider Ian Thomas Mattioli acquired 436 shares of the firm’s stock in a transaction on Monday, October 9th. The stock was acquired at an average cost of GBX 823 ($11.02) per share, for a total transaction of £3,588.28 ($4,805.52). Also, insider Nathan James McLean Imlach acquired 76 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was bought at an average price of GBX 820 ($10.98) per share, with a total value of £623.20 ($834.61). Insiders have purchased a total of 63,592 shares of company stock valued at $50,443,588 over the last quarter.
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Mattioli Woods Company Profile
Mattioli Woods plc is engaged in providing pensions consultancy and administration services primarily to owner-managers, senior executives and professional persons in the United Kingdom. It offers a range of services namely wealth management, employee benefits and intermediary services. Wealth management services include: financial planning, which provide wealth building and trust planning; investments, which include portfolio management, structured products and individual savings account (ISA); pension, which provide self-invested personnel pension and small Self-Administered Scheme(SSAS); property, which includes real estate investment trust (REIT), mortgage advice and legal services, and Protection, which includes life insurance and income protection.
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