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Moneysupermarket.com ( (GB:MONY) ) just unveiled an update.
MONY Group PLC, a company operating in the financial sector, announced the repurchase of 76,997 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought from Morgan Stanley & Co. International Plc at a volume-weighted average price of 194.8100 pence per share. The company intends to cancel the purchased shares, which may impact its share capital structure 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 has a strong financial foundation with robust cash flow and effective debt management, contributing significantly to its overall score. The valuation is attractive with a low P/E ratio and high dividend yield, making it appealing for value and income-focused investors. However, the technical analysis indicates a bearish trend, which could pose short-term challenges. The absence of earnings call and corporate events data means these factors do not influence the score.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 967,634
Technical Sentiment Signal: Sell
Current Market Cap: £1.03B
See more insights into MONY stock on TipRanks’ Stock Analysis page.