Royal Bank of Canada Lowers Moneysupermarket.Com Group (MONY) to Sector Performer
Moneysupermarket.Com Group (LON:MONY) was downgraded by 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 ($4.91) price target on the stock, down from their prior price target of GBX 425 ($5.96). Royal Bank of Canada’s target price would indicate a potential upside of 9.41% from the stock’s current price.
A number of other brokerages have also recently weighed in on MONY. Peel Hunt reiterated a “buy” rating and set a GBX 370 ($5.19) price target on shares of Moneysupermarket.Com Group in a research report on Friday, January 5th. JPMorgan Chase & Co. cut Moneysupermarket.Com Group to a “neutral” rating and lowered their target price for the company from GBX 370 ($5.19) to GBX 350 ($4.91) in a research report on Tuesday, January 2nd. Barclays restated an “equal weight” rating and issued a GBX 330 ($4.63) target price (down from GBX 335 ($4.70)) on shares of Moneysupermarket.Com Group in a research report on Monday, January 15th. Liberum Capital restated a “hold” rating and issued a GBX 345 ($4.84) target price on shares of Moneysupermarket.Com Group in a research report on Monday, January 15th. Finally, Shore Capital restated a “buy” rating on shares of Moneysupermarket.Com Group in a research report on Monday, November 6th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Moneysupermarket.Com Group currently has an average rating of “Hold” and an average target price of GBX 355.83 ($4.99).
Shares of Moneysupermarket.Com Group (LON MONY) opened at GBX 319.90 ($4.49) on Monday. The firm has a market capitalization of $1,720.00 and a P/E ratio of 2,285.00. Moneysupermarket.Com Group has a 1 year low of GBX 301 ($4.22) and a 1 year high of GBX 369 ($5.17).
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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