Mattioli Woods plc’s (MTW) Hold Rating Reaffirmed at Canaccord Genuity

Canaccord Genuity reiterated their hold rating on shares of Mattioli Woods plc (LON:MTW) in a research note issued to investors on Friday morning. They currently have a GBX 840 ($11.08) price target on the stock.

A number of other research firms have also recently commented on MTW. Shore Capital restated a hold rating on shares of Mattioli Woods plc in a research report on Tuesday, August 15th. FinnCap cut shares of Mattioli Woods plc to a hold rating and set a GBX 850 ($11.22) price objective for the company. in a research report on Tuesday, September 5th. Five research analysts have rated the stock with a hold rating, The company presently has a consensus rating of Hold and a consensus target price of GBX 784.25 ($10.35).

Shares of Mattioli Woods plc (LON MTW) remained flat at $GBX 797.50 ($10.52) during trading on Friday. 53,796 shares of the company’s stock traded hands, compared to its average volume of 23,310. Mattioli Woods plc has a twelve month low of GBX 655 ($8.64) and a twelve month high of GBX 872 ($11.51).

WARNING: This piece was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at

The company also recently disclosed a dividend, which was paid on Friday, October 27th. Investors of record on Thursday, September 21st were given a GBX 9.40 ($0.12) dividend. The ex-dividend date was Thursday, September 21st. This represents a dividend yield of 1.1%. This is a boost from Mattioli Woods plc’s previous dividend of $4.70.

In other news, insider Ian Thomas Mattioli acquired 436 shares of the stock in a transaction that occurred on Monday, October 9th. The stock was acquired at an average price of GBX 823 ($10.86) per share, for a total transaction of £3,588.28 ($4,735.13). Also, insider Nathan James McLean Imlach acquired 76 shares of the stock in a transaction that occurred on Friday, October 27th. The stock was purchased at an average price of GBX 820 ($10.82) per share, with a total value of £623.20 ($822.38).

About Mattioli Woods plc

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.

Analyst Recommendations for Mattioli Woods plc (LON:MTW)

What are top analysts saying about Mattioli Woods plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mattioli Woods plc and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit