Canaccord Genuity Reaffirms “Buy” Rating for Moneysupermarket.Com Group PLC (MONY)
Moneysupermarket.Com Group PLC (LON:MONY)‘s stock had its “buy” rating reiterated by Canaccord Genuity in a report issued on Thursday. They currently have a GBX 380 ($4.78) price objective on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 14.11% from the stock’s previous close.
Other equities analysts have also recently issued reports about the company. Liberum Capital lifted their target price on Moneysupermarket.Com Group PLC from GBX 325 ($4.09) to GBX 345 ($4.34) and gave the stock a “hold” rating in a report on Monday, March 27th. Shore Capital restated a “buy” rating on shares of Moneysupermarket.Com Group PLC in a report on Wednesday. Peel Hunt upgraded Moneysupermarket.Com Group PLC to a “buy” rating and set a GBX 370 ($4.66) target price on the stock in a report on Thursday. Numis Securities Ltd restated an “add” rating and issued a GBX 325 ($4.09) target price on shares of Moneysupermarket.Com Group PLC in a report on Thursday, January 19th. Finally, Barclays PLC lifted their target price on Moneysupermarket.Com Group PLC from GBX 320 ($4.03) to GBX 335 ($4.22) and gave the stock an “equal weight” rating in a report on Friday, January 20th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 356.55 ($4.49).
Shares of Moneysupermarket.Com Group PLC (LON:MONY) opened at 337.20 on Thursday. Moneysupermarket.Com Group PLC has a 12-month low of GBX 225.50 and a 12-month high of GBX 351.10. The firm’s market cap is GBX 1.85 billion. The firm has a 50-day moving average price of GBX 335.84 and a 200 day moving average price of GBX 307.30.
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The firm also recently declared a dividend, which will be paid on Friday, May 12th. Stockholders of record on Thursday, April 6th will be issued a dividend of GBX 7.10 ($0.09) per share. This is an increase from Moneysupermarket.Com Group PLC’s previous dividend of $2.75. The ex-dividend date of this dividend is Thursday, April 6th. This represents a dividend yield of 2.15%.
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In other Moneysupermarket.Com Group PLC news, insider Matthew Price sold 56,197 shares of the business’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of GBX 331 ($4.17), for a total value of £186,012.07 ($234,124.69). Also, insider Peter Plumb sold 444,580 shares of the business’s stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of GBX 341 ($4.29), for a total value of £1,516,017.80 ($1,908,140.72).
Moneysupermarket.Com Group PLC Company Profile
Moneysupermarket.com Group PLC provides services, tools and products for customers, through its brands, MoneySuperMarket, MoneySavingExpert and TravelSupermarket. The Company operates in five segments: Money, which offers customers the ability to search for and compare products, including credit cards, current accounts, mortgages, loans, savings accounts and business finance; Insurance, which offers customers the ability to search for and compare insurance products, such as breakdown, dental, home, life, medical, motor, pet and travel insurance; Home Services, which offers customers the ability to search for and compare products, such as broadband, mobile phones, vouchers, shopping and utilities; Travel, which operates under the brand name TravelSupermarket.com, and MoneySavingExpert.com., which is a consumer Website and is dedicated to cutting bills for customers.
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