Mony Group (LON:MONY) Price Target Cut to GBX 250 by Analysts at Berenberg Bank

Mony Group (LON:MONY) had its target price reduced by equities research analysts at Berenberg Bank from GBX 275 to GBX 250 in a research note issued on Tuesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 22.91% from the company’s current price.

Mony Group Trading Up 2.6%

Shares of LON MONY opened at GBX 203.40 on Tuesday. The company has a current ratio of 1.33, a quick ratio of 0.70 and a debt-to-equity ratio of 22.84. Mony Group has a one year low of GBX 139.70 and a one year high of GBX 220.20. The business has a 50-day moving average price of GBX 186.17 and a two-hundred day moving average price of GBX 174.75. The firm has a market capitalization of £1.05 billion, a PE ratio of 13.38, a PEG ratio of 1.20 and a beta of 0.97.

Mony Group (LON:MONY) last issued its earnings results on Tuesday, July 21st. The company reported GBX 9.70 earnings per share for the quarter. Mony Group had a return on equity of 37.46% and a net margin of 18.25%. As a group, analysts predict that Mony Group will post 19.1090909 earnings per share for the current fiscal year.

Mony Group Company Profile

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.