Jefferies Financial Group Upgrades Mony Group (LON:MONY) to Buy

Mony Group (LON:MONY) was upgraded by research analysts at Jefferies Financial Group to a “buy” rating in a research report issued on Friday,London Stock Exchange reports. The firm presently has a GBX 230 target price on the stock, up from their previous target price of GBX 205. Jefferies Financial Group’s target price would suggest a potential upside of 48.10% from the stock’s previous close.

Separately, Royal Bank Of Canada cut their price target on shares of Mony Group from GBX 260 to GBX 250 and set an “outperform” rating on the stock in a report on Wednesday, December 17th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Mony Group presently has a consensus rating of “Buy” and an average price target of GBX 260.

Mony Group Stock Up 4.6%

LON:MONY opened at GBX 155.30 on Friday. Mony Group has a fifty-two week low of GBX 139.70 and a fifty-two week high of GBX 224.80. The stock has a market capitalization of £812.86 million, a P/E ratio of 10.22, a P/E/G ratio of 1.20 and a beta of 0.89. The company has a debt-to-equity ratio of 7.86, a quick ratio of 0.71 and a current ratio of 1.18. The company’s 50-day simple moving average is GBX 167.07 and its 200-day simple moving average is GBX 183.30.

Mony Group (LON:MONY) last posted its quarterly earnings data on Monday, February 23rd. The company reported GBX 15.30 EPS for the quarter. Mony Group had a net margin of 18.19% and a return on equity of 36.01%. On average, equities analysts anticipate that Mony Group will post 19.1090909 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Rakesh Sharma acquired 12,622 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average cost of GBX 158 per share, with a total value of £19,942.76. 7.71% of the stock is currently owned by company 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. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.