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Moneysupermarket.com ( (GB:MONY) ) has provided an announcement.
MONY Group PLC, a company involved in financial transactions, has announced the repurchase of 73,716 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 202.2000 to 204.4000 pence, with a volume-weighted average price of 203.4700 pence. The company intends to cancel these shares, which could impact its share capital structure and potentially influence shareholder value.
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: 956,369
Technical Sentiment Signal: Buy
Current Market Cap: £1.07B
See more data about MONY stock on TipRanks’ Stock Analysis page.