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MONY Group PLC Announces Share Repurchase

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MONY Group PLC Announces Share Repurchase

Meet Your ETF AI Analyst

The latest update is out from Moneysupermarket.com ( (GB:MONY) ).

MONY Group PLC, a company operating in the financial sector, announced the repurchase of 76,672 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. This transaction was conducted through Morgan Stanley & Co. International Plc, following instructions issued earlier in the year. The shares were bought at prices ranging between 194.1000 and 197.6000 pence, with a volume-weighted average price of 195.5500 pence per share. The company intends to cancel the repurchased shares, which could potentially impact its share value and market perception.

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: 952,711

Technical Sentiment Signal: Sell

Current Market Cap: £1.03B

See more data about MONY stock on TipRanks’ Stock Analysis page.

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