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Moneysupermarket.com ( (GB:MONY) ) just unveiled an update.
MONY Group PLC, a company involved in financial transactions, has announced the repurchase of 68,985 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 215.4000 to 218.4000 pence, with a volume weighted average price of 217.4100 pence. This move is part of a previously announced plan from February 2025, and the company intends to cancel the purchased shares, which could potentially impact its share capital and market valuation.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.85 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 consistent revenue growth and effective cash flow management. Technical indicators show positive momentum, although the stock may be overbought in the near term. Valuation metrics are attractive with a solid dividend yield. The recent corporate actions, including share buybacks, further enhance shareholder value and confidence.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 1,069,872
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.15B
See more insights into MONY stock on TipRanks’ Stock Analysis page.