Mattioli Woods plc 52.6% potential upside indicated by Berenberg Bank

Mattioli Woods plc with ticker (LON:MTW) now has a potential upside of 52.6% according to Berenberg Bank.



Berenberg Bank set a target price of 870 GBX for the company, which when compared to the Mattioli Woods plc share price of 570 GBX at opening today (22/02/2024) indicates a potential upside of 52.6%. Trading has ranged between 481 (52 week low) and 650 (52 week high) with an average of 49,984 shares exchanging hands daily. The market capitalisation at the time of writing is £295,893,384.

Mattioli Woods plc is a wealth and asset management company. The Company’s segments include Pension advice and administration, Private equity asset management, Investment and asset management, Property management, and Employee benefits. The Pension advice and administration segment includes consultancy services provided for special one-off activities and the provision of bespoke scheme banking arrangements. The Private equity asset management segment includes 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 the manager. The Investment and asset management segment includes management and placing of investments on behalf of clients. The Property management segment includes private investor syndicates, facilitates direct commercial property investments on behalf of clients or acts as the external discretionary manager for Custodian REIT plc.