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Moneysupermarket.com ( (GB:MONY) ) has shared an announcement.
MONY Group PLC, a company listed on the London Stock Exchange, has announced the repurchase of 74,752 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 199.5000 to 201.2000 pence, with a volume-weighted average price of 200.6600 pence. This move is part of MONY’s strategy to manage its share capital, as the company intends to cancel the purchased shares, potentially impacting shareholder value and market perception.
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: 955,486
Technical Sentiment Signal: Sell
Current Market Cap: £1.06B
See more insights into MONY stock on TipRanks’ Stock Analysis page.