Mattioli Woods plc (LON:MTW)‘s stock had its “neutral” rating reissued by equities researchers at Macquarie in a research note issued on Tuesday. They presently have a GBX 735 ($9.19) target price on the stock. Macquarie’s target price would suggest a potential downside of 6.67% from the stock’s current price.
Several other equities analysts have also weighed in on the stock. Shore Capital restated a “hold” rating on shares of Mattioli Woods plc in a research report on Monday, January 9th. FinnCap increased their target price on shares of Mattioli Woods plc from GBX 650 ($8.12) to GBX 800 ($10.00) and gave the stock a “hold” rating in a research report on Thursday, December 15th. N+1 Singer reiterated a “hold” rating and set a GBX 712 ($8.90) target price on shares of Mattioli Woods plc in a research report on Monday, January 9th. Finally, Canaccord Genuity reiterated a “hold” rating and set a GBX 735 ($9.19) target price on shares of Mattioli Woods plc in a research report on Thursday, November 17th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Mattioli Woods plc currently has an average rating of “Hold” and an average price target of GBX 758 ($9.47).
Shares of Mattioli Woods plc (LON:MTW) opened at 787.50 on Tuesday. The company’s market cap is GBX 199.36 million. Mattioli Woods plc has a 12 month low of GBX 566.00 and a 12 month high of GBX 805.00. The stock’s 50 day moving average is GBX 777.51 and its 200 day moving average is GBX 720.77.
The company also recently declared a dividend, which will be paid on Friday, March 31st. Stockholders of record on Thursday, February 16th will be issued a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, February 16th.
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In other news, insider Murray Beveridge Smith sold 20,000 shares of the stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of GBX 771 ($9.64), for a total value of £154,200 ($192,701.82).
Mattioli Woods plc Company Profile
Mattioli Woods plc is engaged in the provision of pension consulting and administration, wealth management, asset management and employee benefits consultancy. The Company’s segments include Pension consultancy and administration; Investment and asset management; Property management, and Employee benefits.
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