Peel Hunt reiterated their buy rating on shares of Miton Group PLC (LON:MGR) in a research note published on Thursday. They currently have a GBX 46 ($0.57) price objective on the stock.

Shares of Miton Group PLC (LON:MGR) opened at 41.8349 on Thursday. The company’s market capitalization is GBX 63.16 million. The stock’s 50 day moving average price is GBX 37.72 and its 200-day moving average price is GBX 32.35. Miton Group PLC has a 52-week low of GBX 20.00 and a 52-week high of GBX 42.25.

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The company also recently disclosed a dividend, which will be paid on Thursday, May 4th. Stockholders of record on Thursday, March 30th will be given a dividend of GBX 1 ($0.01) per share. This is a boost from Miton Group PLC’s previous dividend of $0.67. This represents a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, March 30th.

Miton Group PLC Company Profile

Miton Group plc, formerly MAM Funds plc, is an investment management company. The Company provides fund management services. Its funds are invested in a range of asset classes under various investment mandates, including multi-asset, equity and portfolios of collective investment schemes. Its product range includes equities, such as CF Miton UK Multi Cap Income Fund and FP Miton Income Fund; multi-assets, such as CF Miton Cautious Multi Asset Fund and PFS Miton Cautious Monthly Income Fund; fund of investment trusts, such as CF Miton Worldwide Opportunities Fund, and closed-end funds, such as The Diverse Income Trust plc and Miton Global Opportunities plc.

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