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Moneysupermarket.com ( (GB:MONY) ) has issued an update.
MONY Group PLC, a company involved in financial transactions, has announced the purchase of 78,357 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange. The shares were bought at prices ranging from 190.4000 to 192.6000 pence, with a volume-weighted average price of 191.4200 pence per share. MONY intends to cancel the purchased shares, a move that could impact its share capital and potentially influence its market valuation.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £260.00 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 has a strong financial foundation with robust cash flow and effective debt management, contributing significantly to its overall score. The valuation is attractive with a low P/E ratio and high dividend yield, making it appealing for value and income-focused investors. However, the technical analysis indicates a bearish trend, which could pose short-term challenges. The absence of earnings call and corporate events data means these factors do not influence the score.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 974,660
Technical Sentiment Signal: Sell
Current Market Cap: £1.01B
Learn more about MONY stock on TipRanks’ Stock Analysis page.