Render to texture

Tell me please,possible it or not to render material to texture in unreal? For example I have a texture that I apply to a square plane, then I want to add this texture within unreal material by multiply it by constant. And after that I want to render this result texture to an image. I wonder if there a way to do it directly from object, from example from square plane, of course, if it have the UV. Thanks!

Good day. As of version 4.13 this is possible using Draw Material To Render target blueprint node.

Thanks, I think it is what I need!