Shore Capital Increases Mattioli Woods (LON:MTW) Price Target to GBX 875

Mattioli Woods (LON:MTW) had its price target boosted by investment analysts at Shore Capital from GBX 850 ($11.18) to GBX 875 ($11.51) in a note issued to investors on Thursday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the stock. Shore Capital’s target price would suggest a potential upside of 2.64% from the stock’s current price.

LON MTW opened at GBX 852.50 ($11.21) on Thursday. The company’s 50 day moving average is GBX 826.60 and its 200-day moving average is GBX 756.78. Mattioli Woods has a 12-month low of GBX 291 ($3.83) and a 12-month high of GBX 860 ($11.31). The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 3.61. The firm has a market cap of $229.25 million and a P/E ratio of 26.81.

About Mattioli Woods

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: Risk Tolerance

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