Mattioli Woods plc 23.3% potential upside indicated by Canaccord Genuity

Mattioli Woods plc with ticker (LON:MTW) now has a potential upside of 23.3% according to Canaccord Genuity.



Canaccord Genuity set a target price of 830 GBX for the company, which when compared to the Mattioli Woods plc share price of 637 GBX at opening today (14/02/2023) indicates a potential upside of 23.3%. Trading has ranged between 530 (52 week low) and 833 (52 week high) with an average of 94,401 shares exchanging hands daily. The market capitalisation at the time of writing is £317,715,809.

Mattioli Woods plc is a United Kingdom-based diversified wealth and investment management company. The Company has five segments: Pension consultancy and administration, Private equity asset management, Investment and asset management, Property management and Employee benefits. Pension consultancy and administration segment consists of fees earned by Mattioli Woods for setting up and administering pension schemes, as well as additional fees generated from consultancy services provided for special one-off activities and the provision of bespoke scheme banking arrangements. Private equity asset management segment consists of income generated where Maven Capital Partners manages VCTs and other investments, including fund management, administration, establishment, exit and performance fees in respect of the investments for which it is managed. Investment and asset management segment consists of income generated from the management and placing of investments on behalf of clients.