Mony Group (LON:MONY) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Mony Group (LON:MONY) had its target price upped by research analysts at Berenberg Bank from GBX 290 ($3.66) to GBX 300 ($3.78) in a report issued on Monday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 50.00% from the company’s previous close.

Mony Group Price Performance

Mony Group stock opened at GBX 200 ($2.52) on Monday. The stock has a fifty day moving average of GBX 190.44 and a 200-day moving average of GBX 199.75. The stock has a market capitalization of £1.07 billion, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a debt-to-equity ratio of 32.86, a quick ratio of 0.71 and a current ratio of 0.82. Mony Group has a 52 week low of GBX 179.20 ($2.26) and a 52 week high of GBX 255.40 ($3.22).

Mony Group (LON:MONY) last announced 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%. On average, sell-side analysts expect that Mony Group will post 19.1090909 earnings per share for the current fiscal year.

Insider Buying and Selling at Mony Group

In other news, insider Rakesh Sharma acquired 5,030 shares of the firm’s stock in a transaction dated Monday, February 17th. The stock was purchased at an average price of GBX 199 ($2.51) per share, for a total transaction of £10,009.70 ($12,627.35). Over the last quarter, insiders have bought 5,186 shares of company stock valued at $1,030,922. 9.15% of the stock is currently owned by insiders.

About Mony Group

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.