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Moneysupermarket.com ( (GB:MONY) ) has issued an update.
MONY Group PLC, a company involved in financial transactions, announced the purchase of 78,591 of its own ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. The shares were bought at a volume-weighted average price of 190.8600 pence per share, with the intention to cancel them, potentially impacting the company’s share capital structure and market positioning.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £260.00 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: 991,409
Technical Sentiment Signal: Strong Sell
Current Market Cap: £991.2M
Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.