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Moneysupermarket.com ( (GB:MONY) ) just unveiled an announcement.
MONY Group PLC, a company involved in financial transactions, announced the repurchase of 72,712 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 205.2000 to 208.2000 pence, with an average price of 206.2900 pence per share. This move is part of a previously announced plan from February 2025, and the company intends to cancel the purchased shares, potentially impacting its share capital structure and market perception.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.80 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 Neutral.
Moneysupermarket.com is in a strong financial position with effective management of resources and risks, supported by a solid balance sheet and strong cash flow generation. However, the technical analysis shows short-term bearish signals, and the valuation highlights a potential anomaly in the dividend yield. Positive corporate events, particularly share buybacks, reflect management’s confidence in future growth, supporting an overall positive outlook despite some challenges.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 997,931
Technical Sentiment Signal: Buy
Current Market Cap: £1.1B
For an in-depth examination of MONY stock, go to TipRanks’ Overview page.