Moneysupermarket.Com Group (LON:MONY) had its target price dropped by Berenberg Bank from GBX 320 ($4.42) to GBX 275 ($3.80) in a research report issued on Friday, February 23rd. The firm currently has a “hold” rating on the stock. Berenberg Bank’s target price would indicate a potential downside of 4.91% from the stock’s current price.
A number of other equities research analysts have also commented on MONY. Shore Capital restated a “buy” rating on shares of Moneysupermarket.Com Group in a research report on Monday, November 6th. Credit Suisse Group decreased their price objective on Moneysupermarket.Com Group from GBX 355 ($4.90) to GBX 300 ($4.14) and set a “neutral” rating for the company in a research report on Thursday, February 22nd. Peel Hunt restated a “hold” rating and set a GBX 370 ($5.11) price objective on shares of Moneysupermarket.Com Group in a research report on Thursday, February 22nd. JPMorgan Chase & Co. decreased their price objective on Moneysupermarket.Com Group from GBX 350 ($4.84) to GBX 330 ($4.56) and set a “neutral” rating for the company in a research report on Friday, February 23rd. Finally, Barclays reiterated an “equal weight” rating and set a GBX 330 ($4.56) price target (down from GBX 335 ($4.63)) on shares of Moneysupermarket.Com Group in a report on Monday, January 15th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 333.08 ($4.60).
Shares of Moneysupermarket.Com Group (MONY) traded up GBX 0.40 ($0.01) during midday trading on Friday, reaching GBX 289.20 ($4.00). The company’s stock had a trading volume of 1,718,673 shares, compared to its average volume of 3,170,000. Moneysupermarket.Com Group has a 12-month low of GBX 241.40 ($3.34) and a 12-month high of GBX 369 ($5.10). The firm has a market cap of $1,540.00 and a price-to-earnings ratio of 2,065.71.
COPYRIGHT VIOLATION NOTICE: “Moneysupermarket.Com Group (MONY) Price Target Cut to GBX 275 by Analysts at Berenberg Bank” was first published by BBNS and is owned by of BBNS. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark laws. The legal version of this piece of content can be accessed at https://baseballnewssource.com/2018/03/21/berenberg-bank-trims-moneysupermarket-com-group-mony-target-price-to-gbx-275/1922434.html.
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.
Receive News & Ratings for Moneysupermarket.Com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moneysupermarket.Com Group and related companies with MarketBeat.com's FREE daily email newsletter.