Mattioli Woods plc (LON:MTW) has been given an average rating of “Hold” by the five research firms that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 784.25 ($10.31).
A number of brokerages have recently issued reports on MTW. Canaccord Genuity increased their price objective on shares of Mattioli Woods plc from GBX 795 ($10.45) to GBX 840 ($11.04) and gave the company a “hold” rating in a research note on Monday, September 11th. FinnCap cut shares of Mattioli Woods plc to a “hold” rating and set a GBX 850 ($11.18) price objective for the company. in a research note on Tuesday, September 5th. Finally, Shore Capital restated a “hold” rating on shares of Mattioli Woods plc in a research note on Tuesday, August 15th.
In other news, insider Ian Thomas Mattioli bought 436 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The stock was acquired at an average price of GBX 823 ($10.82) per share, for a total transaction of £3,588.28 ($4,717.70).
The firm also recently disclosed a dividend, which will be paid on Friday, October 27th. Stockholders of record on Thursday, September 21st will be paid a GBX 9.40 ($0.12) dividend. This is a boost from Mattioli Woods plc’s previous dividend of $4.70. The ex-dividend date of this dividend is Thursday, September 21st. This represents a dividend yield of 1.1%.
Mattioli Woods plc 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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