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Moneysupermarket.com ( (GB:MONY) ) just unveiled an announcement.
MONY Group PLC, a company listed on the London Stock Exchange, has announced the repurchase of 73,135 of its ordinary shares at prices ranging from 203.8 to 205.6 pence per share, with a volume-weighted average price of 204.8 pence. This buyback, executed through Morgan Stanley & Co. International Plc, is part of a previously announced plan and the company intends to cancel the repurchased shares, potentially impacting its share capital structure and shareholder value.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £228.00 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 benefits from a strong financial foundation, characterized by robust cash flow and effective debt management. The valuation is attractive, with a low P/E ratio and high dividend yield. However, technical indicators suggest mixed momentum, which could impact short-term performance. The absence of recent earnings call data or notable corporate events limits additional insights.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 955,731
Technical Sentiment Signal: Buy
Current Market Cap: £1.07B
Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.