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Moneysupermarket.com ( (GB:MONY) ) has issued an update.
MONY Group PLC, a company involved in financial transactions, announced the repurchase of 77,756 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. The company plans to cancel these shares, which may impact its share capital and market perception by potentially increasing the value of remaining shares.
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: 974,308
Technical Sentiment Signal: Sell
Current Market Cap: £1.01B
See more insights into MONY stock on TipRanks’ Stock Analysis page.