Moneysupermarket.Com Group (MONY) Cut to “Sector Performer” at Royal Bank of Canada
Moneysupermarket.Com Group (LON:MONY) was downgraded by investment analysts at Royal Bank of Canada to a “sector performer” rating in a research note issued to investors on Monday. They presently have a GBX 350 ($4.84) target price on the stock, down from their prior target price of GBX 425 ($5.87). Royal Bank of Canada’s target price would suggest a potential upside of 9.38% from the stock’s current price.
A number of other brokerages have also weighed in on MONY. Peel Hunt lowered shares of Moneysupermarket.Com Group to a “hold” rating and set a GBX 370 ($5.11) price objective for the company. in a report on Wednesday, January 17th. Canaccord Genuity restated a “buy” rating and issued a GBX 375 ($5.18) price objective on shares of Moneysupermarket.Com Group in a report on Tuesday, October 17th. Liberum Capital restated a “hold” rating and issued a GBX 345 ($4.77) price objective on shares of Moneysupermarket.Com Group in a report on Monday, January 15th. Jefferies Group initiated coverage on shares of Moneysupermarket.Com Group in a report on Monday, November 27th. They issued a “hold” rating and a GBX 330 ($4.56) price objective for the company. Finally, JPMorgan Chase & Co. lowered shares of Moneysupermarket.Com Group to a “neutral” rating and decreased their price objective for the stock from GBX 370 ($5.11) to GBX 350 ($4.84) in a report on Tuesday, December 12th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 355.83 ($4.92).
Moneysupermarket.Com Group (LON:MONY) opened at GBX 320 ($4.42) on Monday. Moneysupermarket.Com Group has a 1-year low of GBX 301 ($4.16) and a 1-year high of GBX 369 ($5.10). The stock has a market cap of $1,720.00 and a P/E ratio of 2,285.71.
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Moneysupermarket.com Group PLC provides online services, through its brands, MoneySuperMarket, MoneySavingExpert and TravelSupermarket. The Company’s segments include Money, Insurance, Travel, Home Services and MoneySavingExpert.com. Its Money segment offers customers the ability to search for and compare products, including credit cards, accounts, mortgages, loans, debt solutions, savings accounts and business finance.
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