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Moneysupermarket.com ( (GB:MONY) ) has shared an announcement.
MONY Group PLC, a financial services company, announced the repurchase of 75,543 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The transaction, part of a previously announced plan, saw shares bought at prices ranging from 196.7 to 199.9 pence, with a volume-weighted average price of 198.35 pence. The company intends to cancel these shares, a move that could potentially impact its share value and market perception.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £226.00 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 is in a strong financial position with effective management of resources and risks, which is the most significant factor in its overall score. The stock’s valuation is attractive, with a low P/E ratio and high dividend yield. However, technical indicators suggest some short-term weakness, which slightly offsets the positive financial and valuation aspects.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 942,231
Technical Sentiment Signal: Sell
Current Market Cap: £1.05B
Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.