Berenberg Bank Reaffirms “Buy” Rating for Moneysupermarket.com Group (LON:MONY)

Berenberg Bank reaffirmed their buy rating on shares of Moneysupermarket.com Group (LON:MONY) in a research note issued to investors on Tuesday, Marketbeat reports. Berenberg Bank currently has a GBX 295 ($3.67) price target on the stock.

A number of other equities research analysts have also recently weighed in on MONY. Shore Capital reaffirmed a buy rating on shares of Moneysupermarket.com Group in a research note on Monday, February 19th. Barclays decreased their target price on Moneysupermarket.com Group from GBX 305 ($3.80) to GBX 295 ($3.67) and set an overweight rating for the company in a report on Tuesday, February 20th.

Moneysupermarket.com Group Trading Up 2.9 %

Shares of LON MONY opened at GBX 214 ($2.66) on Tuesday. Moneysupermarket.com Group has a twelve month low of GBX 207.60 ($2.58) and a twelve month high of GBX 288.80 ($3.60). The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 26.49. The stock has a fifty day simple moving average of GBX 234.30 and a 200-day simple moving average of GBX 254.06. The stock has a market capitalization of £1.15 billion, a PE ratio of 1,646.15, a PEG ratio of 1.20 and a beta of 0.70.

Moneysupermarket.com Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, March 28th will be given a GBX 8.90 ($0.11) dividend. This represents a yield of 3.54%. The ex-dividend date of this dividend is Thursday, March 28th. This is a boost from Moneysupermarket.com Group’s previous dividend of $3.20. Moneysupermarket.com Group’s payout ratio is 9,230.77%.

Insider Activity at Moneysupermarket.com Group

In related news, insider Peter Duffy sold 14,327 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of GBX 220 ($2.74), for a total value of £31,519.40 ($39,237.40). Insiders have purchased 193 shares of company stock worth $45,198 in the last quarter. Company insiders own 8.27% of the company’s stock.

Moneysupermarket.com Group Company Profile

Moneysupermarket.com Group PLC, together with its subsidiaries, provides price comparison and lead generation services through its websites in the United Kingdom. The company operates through Insurance, Money, Home Services, Travel, and Cashback segments. It offers MoneySuperMarket, a price comparison site, which provides online and app-based tools to help people save money on their household bills; MoneySavingExpert, a consumer finance website; Quidco, a cashback site; TravelSupermarket for comparing prices on a range of holiday options, including package holidays and hotels, low-cost and charter airlines, and car hire providers; icelolly.com, a holiday comparison and deals site; and Decision Tech, a price comparison platform.