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The latest update is out from Moneysupermarket.com ( (GB:MONY) ).
MONY Group PLC, a company listed on the London Stock Exchange, has executed a share buyback by purchasing 77,426 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 191.1000 pence to 195.4000 pence, with a volume-weighted average price of 193.7200 pence per share. The company plans to cancel these shares, which could potentially impact its share value and shareholder equity.
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: 974,429
Technical Sentiment Signal: Sell
Current Market Cap: £1.01B
For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.