Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Moneysupermarket.com ( (GB:MONY) ) just unveiled an announcement.
MONY Group PLC, a company involved in financial transactions, announced the repurchase of 78,043 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 190.9000 to 194.1000 pence, with a volume-weighted average price of 192.2000 pence per share. The company intends to cancel the purchased shares, which could impact its share capital and potentially influence shareholder value.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £219.00 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 effective management of resources and risks, contributing significantly to its overall score. The attractive valuation with a low P/E ratio and high dividend yield further supports the stock’s appeal. However, mixed technical indicators suggest potential short-term weakness, which slightly offsets the positive financial and valuation aspects.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 1,039,013
Technical Sentiment Signal: Sell
Current Market Cap: £1.02B
Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.