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Moneysupermarket.com ( (GB:MONY) ) has issued an announcement.
MONY Group PLC, a company involved in financial services, announced the repurchase of 76,173 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought at prices ranging from 191.5000 to 199.2000 pence, with a volume-weighted average price of 197.1900 pence. The company plans to cancel these shares, which could potentially impact its share capital structure and market perception.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £221.00 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 is in a strong financial position with robust cash flow and effective debt management, contributing significantly to its overall score. The stock’s valuation is attractive due to a low P/E ratio and high dividend yield, appealing to value and income investors. However, technical indicators suggest bearish momentum, which could pose short-term challenges. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 914,405
Technical Sentiment Signal: Sell
Current Market Cap: £1.03B
For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.