Mattioli Woods plc (MTW) Receives Consensus Recommendation of “Hold” from Brokerages
Mattioli Woods plc (LON:MTW) has earned an average rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 795.40 ($10.64).
Several research firms have weighed in on MTW. Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 840 ($11.23) price objective on shares of Mattioli Woods in a research report on Friday, November 3rd. Canaccord Genuity lifted their target price on shares of Mattioli Woods from GBX 795 ($10.63) to GBX 840 ($11.23) 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 ($11.37) target price for the company. in a report on Tuesday, September 5th.
Shares of Mattioli Woods (LON MTW) opened at GBX 762 ($10.19) on Wednesday. The firm has a market capitalization of $189.89 and a P/E ratio of 3,048.00. Mattioli Woods has a 12-month low of GBX 750 ($10.03) and a 12-month high of GBX 872 ($11.66).
In related news, insider Ian Thomas Mattioli bought 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 ($11.00) per share, for a total transaction of £3,588.28 ($4,797.81). Also, insider Nathan James McLean Imlach sold 21,231 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of GBX 794 ($10.62), for a total transaction of £168,574.14 ($225,396.63). Over the last quarter, insiders have acquired 63,592 shares of company stock valued at $50,443,588.
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About Mattioli Woods
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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