Moneysupermarket.Com Group PLC (MONY) Price Target Cut to GBX 355
Moneysupermarket.Com Group PLC (LON:MONY) had its price objective decreased by equities researchers at Credit Suisse Group AG from GBX 400 ($4.88) to GBX 355 ($4.33) in a research report issued on Friday. The brokerage currently has an “outperform” rating on the stock. Credit Suisse Group AG’s target price points to a potential upside of 29.85% from the company’s current price.
Several other brokerages have also issued reports on MONY. Royal Bank Of Canada started coverage on Moneysupermarket.Com Group PLC in a report on Friday, September 16th. They set an “outperform” rating and a GBX 400 ($4.88) price objective on the stock. Barclays PLC raised their price objective on Moneysupermarket.Com Group PLC from GBX 270 ($3.29) to GBX 320 ($3.90) and gave the stock an “equal weight” rating in a report on Monday, September 12th. Peel Hunt reaffirmed a “buy” rating and set a GBX 340 ($4.14) price objective on shares of Moneysupermarket.Com Group PLC in a report on Thursday, September 8th. Canaccord Genuity raised Moneysupermarket.Com Group PLC to a “buy” rating and dropped their price objective for the stock from GBX 352 ($4.29) to GBX 325 ($3.96) in a report on Monday, July 11th. Finally, JPMorgan Chase & Co. dropped their price objective on Moneysupermarket.Com Group PLC from GBX 393 ($4.79) to GBX 350 ($4.27) and set an “overweight” rating on the stock in a report on Friday, July 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 331 ($4.03).
Moneysupermarket.Com Group PLC (LON:MONY) opened at 273.40 on Friday. The stock’s market cap is GBX 1.49 billion. Moneysupermarket.Com Group PLC has a 52 week low of GBX 225.50 and a 52 week high of GBX 381.70. The company has a 50 day moving average price of GBX 298.62 and a 200 day moving average price of GBX 300.30.
About Moneysupermarket.Com Group PLC
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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