Mony Group (LON:MONY) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Mony Group (LON:MONY) had its price objective boosted by Berenberg Bank from GBX 290 ($3.66) to GBX 300 ($3.79) in a research note issued to investors on Monday,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Mony Group Trading Up 0.7 %

Shares of Mony Group stock traded up GBX 1.30 ($0.02) during trading on Monday, hitting GBX 200 ($2.52). The stock had a trading volume of 1,739,043 shares, compared to its average volume of 2,538,803. The stock has a 50 day simple moving average of GBX 190.44 and a 200 day simple moving average of GBX 199.75. Mony Group has a 1 year low of GBX 179.20 ($2.26) and a 1 year high of GBX 255.40 ($3.22). The company has a market capitalization of £1.07 billion, a PE ratio of 14.00, a P/E/G ratio of 1.20 and a beta of 0.67. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.86.

Mony Group (LON:MONY) last announced its quarterly earnings data on Monday, February 17th. The company reported GBX 17.10 ($0.22) EPS for the quarter. Mony Group had a net margin of 17.25% and a return on equity of 34.74%. On average, research analysts expect that Mony Group will post 19.1090909 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Rakesh Sharma bought 5,030 shares of the business’s stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average cost of GBX 199 ($2.51) per share, for a total transaction of £10,009.70 ($12,628.94). Insiders acquired 5,186 shares of company stock valued at $1,030,922 over the last ninety days. Corporate insiders own 9.15% of the company’s stock.

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.