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Moneysupermarket.com ( (GB:MONY) ) has provided an update.
MONY Group PLC, a company involved in financial transactions, announced the repurchase of 75,232 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities through Morgan Stanley & Co. International Plc. This buyback, executed under previously issued instructions, saw shares purchased at prices ranging from 197.8000 to 201.4000 pence, with a volume-weighted average price of 199.3400 pence. The company plans to cancel these shares, potentially impacting its share capital structure and market perception.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £226.00 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, which is the most significant factor in its overall score. The stock’s valuation is attractive, with a low P/E ratio and high dividend yield. However, technical indicators suggest some 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: 957,200
Technical Sentiment Signal: Hold
Current Market Cap: £1.06B
See more insights into MONY stock on TipRanks’ Stock Analysis page.