Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Moneysupermarket.com ( (GB:MONY) ) has shared an update.
MONY Group PLC, a company involved in financial transactions, announced the repurchase of 74,999 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought at prices ranging from 199.2000 pence to 200.8000 pence, with a volume-weighted average price of 199.9500 pence per share. The company plans to cancel the purchased shares, which could impact its share capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £225.00 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 shows a strong financial foundation with consistent revenue and profit growth, effective debt management, and robust cash flow generation. The valuation is attractive with a low P/E ratio and high dividend yield. Technical indicators suggest a neutral market sentiment, with no significant bullish or bearish signals. The absence of earnings call data and corporate events does not impact the score.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 953,982
Technical Sentiment Signal: Buy
Current Market Cap: £1.06B
Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.