Mattioli Woods (LON:MTW) Earns “Buy” Rating from Canaccord Genuity

Canaccord Genuity reiterated their buy rating on shares of Mattioli Woods (LON:MTW) in a report published on Tuesday morning, Digital Look reports. Canaccord Genuity currently has a GBX 939 ($12.27) price target on the stock.

Separately, Shore Capital restated a buy rating on shares of Mattioli Woods in a research note on Tuesday, February 9th.

Shares of Mattioli Woods stock opened at GBX 715 ($9.34) on Tuesday. The company’s fifty day simple moving average is GBX 690.46 and its 200-day simple moving average is GBX 705.47. The company has a market cap of £201.19 million and a price-to-earnings ratio of 19.92. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 3.01. Mattioli Woods has a 1 year low of GBX 610 ($7.97) and a 1 year high of GBX 800 ($10.45).

The business also recently disclosed a dividend, which was paid on Friday, March 26th. Stockholders of record on Thursday, February 18th were paid a GBX 7.50 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, February 18th. This represents a dividend yield of 1%. Mattioli Woods’s payout ratio is 0.56%.

Mattioli Woods Company Profile

Mattioli Woods plc provides wealth management and employee benefit services in the United Kingdom. It operates through Pension Consultancy and Administration, Investment and Asset Management, Property Management, and Employee Benefits segments. The company offers financial planning services, such as wealth building, trust planning, inheritance tax and estate planning, exit planning, and executive financial counselling services; investment products and services to support client strategies, as well as strategic planning and advisory services; and self-invested personal and small self-administered pension schemes, and trustee services.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

Receive News & Ratings for Mattioli Woods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattioli Woods and related companies with MarketBeat.com's FREE daily email newsletter.

Comments


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