Mattioli Woods (LON:MTW) Price Target Raised to GBX 875 at Shore Capital
Mattioli Woods (LON:MTW) had its price objective boosted by Shore Capital from GBX 850 ($11.18) to GBX 875 ($11.51) in a research note published on Thursday morning, Stock Target Advisor reports. They currently have a buy rating on the stock.
MTW stock remained flat at $GBX 852.50 ($11.21) during midday trading on Thursday. The company’s stock had a trading volume of 2,067 shares, compared to its average volume of 14,481. The company’s 50-day moving average is GBX 825.65 and its 200-day moving average is GBX 756.45. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 3.61. Mattioli Woods has a twelve month low of GBX 291 ($3.83) and a twelve month high of GBX 860 ($11.31). The stock has a market cap of $229.25 million and a PE ratio of 26.81.
The firm also recently disclosed a dividend, which will be paid on Friday, March 27th. Shareholders of record on Thursday, February 13th will be given a GBX 7.30 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a yield of 0.86%. Mattioli Woods’s dividend payout ratio is currently 0.66%.
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.
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