Berenberg Bank Reiterates Buy Rating for Moneysupermarket.com Group (LON:MONY)

Moneysupermarket.com Group (LON:MONY)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report released on Tuesday, Marketbeat.com reports. They currently have a GBX 295 ($3.67) target price on the stock. Berenberg Bank’s price target points to a potential upside of 41.83% from the stock’s previous close.

A number of other brokerages have also weighed in on MONY. Shore Capital restated a “buy” rating on shares of Moneysupermarket.com Group in a research note on Monday, February 19th. Barclays lowered their price objective on Moneysupermarket.com Group from GBX 305 ($3.80) to GBX 295 ($3.67) and set an “overweight” rating for the company in a research note on Tuesday, February 20th.

Moneysupermarket.com Group Price Performance

Shares of LON MONY opened at GBX 208 ($2.59) on Tuesday. Moneysupermarket.com Group has a fifty-two week low of GBX 208 ($2.59) and a fifty-two week high of GBX 288.80 ($3.60). The business has a 50 day moving average price of GBX 234.30 and a two-hundred day moving average price of GBX 254.06. The company has a quick ratio of 0.71, a current ratio of 0.78 and a debt-to-equity ratio of 26.49. The firm has a market cap of £1.12 billion, a PE ratio of 1,600.00, a price-to-earnings-growth ratio of 1.20 and a beta of 0.70.

Insider Buying and Selling

In related news, insider Peter Duffy sold 14,327 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of GBX 220 ($2.74), for a total value of £31,519.40 ($39,237.40). In the last 90 days, insiders have purchased 193 shares of company stock valued at $45,198. Insiders own 8.27% of the company’s stock.

Moneysupermarket.com Group Company Profile

Moneysupermarket.com Group PLC, together with its subsidiaries, provides price comparison and lead generation services through its websites in the United Kingdom. The company operates through Insurance, Money, Home Services, Travel, and Cashback segments. It offers MoneySuperMarket, a price comparison site, which provides online and app-based tools to help people save money on their household bills; MoneySavingExpert, a consumer finance website; Quidco, a cashback site; TravelSupermarket for comparing prices on a range of holiday options, including package holidays and hotels, low-cost and charter airlines, and car hire providers; icelolly.com, a holiday comparison and deals site; and Decision Tech, a price comparison platform.