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Moneysupermarket.com ( (GB:MONY) ) has issued an announcement.
MONY Group PLC, a financial services company, has executed a share buyback program, purchasing 76,087 of its own ordinary shares on the London Stock Exchange and Multilateral Trading Facilities through Morgan Stanley & Co. International Plc. The transaction, which was part of a previously announced plan, saw shares bought at prices ranging between 196.0000 pence and 197.9000 pence, with a volume-weighted average price of 197.1400 pence per share. The company plans to cancel the purchased shares, a move that could potentially impact its share value and market perception by reducing the number of shares in circulation.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £225.00 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 shows a strong financial foundation with consistent revenue and profit growth, effective debt management, and robust cash flow generation. The valuation is attractive with a low P/E ratio and high dividend yield. Technical indicators suggest a neutral market sentiment, with no significant bullish or bearish signals. The absence of earnings call data and corporate events does not impact the score.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 922,761
Technical Sentiment Signal: Sell
Current Market Cap: £1.04B
For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.