Mattioli Woods plc (LON:MTW) had its price target boosted by Canaccord Genuity from GBX 660 ($8.62) to GBX 735 ($9.59) in a report released on Thursday morning. The brokerage currently has a hold rating on the stock.
MTW has been the subject of a number of other reports. Shore Capital reaffirmed a hold rating on shares of Mattioli Woods plc in a report on Tuesday, July 5th. FinnCap began coverage on shares of Mattioli Woods plc in a report on Wednesday, August 3rd. They set a hold rating and a GBX 650 ($8.48) price objective for the company. Finally, Macquarie reaffirmed an outperform rating and set a GBX 820 ($10.70) price objective on shares of Mattioli Woods plc in a report on Tuesday, August 30th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 708.75 ($9.25).
Mattioli Woods plc (LON:MTW) opened at 728.00 on Thursday. The stock’s 50 day moving average is GBX 675.60 and its 200-day moving average is GBX 643.47. The company’s market cap is GBX 183.49 million. Mattioli Woods plc has a 52-week low of GBX 566.00 and a 52-week high of GBX 750.00.
The firm also recently declared a dividend, which will be paid on Tuesday, November 1st. Shareholders of record on Thursday, September 22nd will be paid a GBX 8.65 ($0.11) dividend. The ex-dividend date is Thursday, September 22nd. This is an increase from Mattioli Woods plc’s previous dividend of $3.85. This represents a yield of 1.27%.
About Mattioli Woods plc
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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