tiprankstipranks
Trending News
More News >

Mony Group PLC Announces Change in Major Holdings

Story Highlights
  • Aviva PLC increased its voting rights in Mony Group from 3.04% to 3.09%.
  • This change indicates Aviva’s growing influence and potential impact on Mony Group’s governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Moneysupermarket.com ( (GB:MONY) ) just unveiled an update.

Mony Group PLC, a UK-based company, has announced a change in its major holdings as Aviva PLC has increased its voting rights from 3.04% to 3.09%. This adjustment in holdings reflects a minor shift in the company’s shareholder structure, indicating Aviva PLC’s growing influence within the company. The notification was prompted by a change at the direct interest level, crossing the 3% threshold, which could have implications for Mony Group’s governance and strategic decisions.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.85 price target. To see the full list of analyst forecasts on Moneysupermarket.com stock, see the GB:MONY Stock Forecast page.

Spark’s Take on GB:MONY Stock

According to Spark, TipRanks’ AI Analyst, GB:MONY is a Outperform.

Moneysupermarket.com presents a strong financial profile with robust earnings growth, effective debt management, and significant cash flow. The technical analysis indicates stable momentum, but caution is advised due to potential overbought conditions. The attractive valuation and strategic corporate actions, such as share buybacks, further bolster its appeal. Despite a slight slowdown in revenue growth, the stock offers a balanced risk-reward profile with solid strengths and manageable risks.

To see Spark’s full report on GB:MONY stock, click here.

More about Moneysupermarket.com

Average Trading Volume: 1,337,955

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.13B

Learn more about MONY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App