Berenberg Bank Has Lowered Expectations for Mony Group (LON:MONY) Stock Price

Mony Group (LON:MONY) had its target price reduced by investment analysts at Berenberg Bank from GBX 275 to GBX 250 in a report released on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 22.91% from the stock’s current price.

Mony Group Price Performance

LON MONY opened at GBX 203.40 on Tuesday. Mony Group has a 1 year low of GBX 139.70 and a 1 year high of GBX 220.20. The stock has a market capitalization of £1.05 billion, a P/E ratio of 13.38, a P/E/G ratio of 1.20 and a beta of 0.97. The company has a debt-to-equity ratio of 22.84, a quick ratio of 0.70 and a current ratio of 1.33. The business’s fifty day moving average is GBX 186.17 and its two-hundred day moving average is GBX 174.75.

Mony Group (LON:MONY) last issued its quarterly earnings results on Tuesday, July 21st. The company reported GBX 9.70 earnings per share for the quarter. Mony Group had a return on equity of 37.46% and a net margin of 18.25%. On average, research analysts forecast that Mony Group will post 19.1090909 earnings per share for the current fiscal year.

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.