Mony Group (LON:MONY) Given New GBX 300 Price Target at Berenberg Bank

Mony Group (LON:MONY) had its target price hoisted by Berenberg Bank from GBX 290 ($3.66) to GBX 300 ($3.79) in a research note published on Monday,Digital Look reports. They currently have a buy rating on the stock.

Mony Group Trading Up 0.7 %

Shares of MONY traded up GBX 1.30 ($0.02) on Monday, hitting GBX 200 ($2.52). 1,739,043 shares of the stock traded hands, compared to its average volume of 2,538,803. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.86. The firm has a market capitalization of £1.07 billion, a P/E ratio of 14.00, a P/E/G ratio of 1.20 and a beta of 0.67. 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 stock’s 50 day moving average is GBX 190.44 and its two-hundred day moving average is GBX 199.75.

Mony Group (LON:MONY) last released its quarterly earnings results on Monday, February 17th. The company reported GBX 17.10 ($0.22) earnings per share (EPS) for the quarter. Mony Group had a net margin of 17.25% and a return on equity of 34.74%. As a group, sell-side analysts predict that Mony Group will post 19.1090909 earnings per share for the current year.

Insider Activity

In other news, insider Rakesh Sharma bought 5,030 shares of Mony Group stock in a transaction on Monday, February 17th. The stock was purchased at an average cost of GBX 199 ($2.51) per share, with a total value of £10,009.70 ($12,628.94). In the last three months, insiders acquired 5,186 shares of company stock valued at $1,030,922. Company 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.