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

Berenberg Bank reiterated their buy rating on shares of Moneysupermarket.com Group (LON:MONY) in a research report released on Tuesday, Marketbeat Ratings reports. The brokerage currently has a GBX 295 ($3.67) price objective on the stock.

Other research analysts have also recently issued research reports about the stock. Shore Capital restated a buy rating on shares of Moneysupermarket.com Group in a research note on Monday, February 19th. Barclays cut their price target on shares of Moneysupermarket.com Group from GBX 305 ($3.80) to GBX 295 ($3.67) and set an overweight rating for the company in a research note on Tuesday, February 20th.

Moneysupermarket.com Group Stock Up 2.9 %

Shares of MONY opened at GBX 214 ($2.66) on Tuesday. The company has a 50-day simple moving average of GBX 234.30 and a 200-day simple moving average of GBX 254.06. The firm has a market capitalization of £1.15 billion, a P/E ratio of 1,646.15, a P/E/G ratio of 1.20 and a beta of 0.70. The company has a debt-to-equity ratio of 26.49, a quick ratio of 0.71 and a current ratio of 0.78. Moneysupermarket.com Group has a 52 week low of GBX 207.60 ($2.58) and a 52 week high of GBX 288.80 ($3.60).

Moneysupermarket.com Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, March 28th will be issued a dividend of GBX 8.90 ($0.11) per share. This is a positive change from Moneysupermarket.com Group’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, March 28th. This represents a dividend yield of 3.54%. Moneysupermarket.com Group’s dividend payout ratio (DPR) is presently 9,230.77%.

Insider Transactions at Moneysupermarket.com Group

In other news, insider Peter Duffy sold 14,327 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of GBX 220 ($2.74), for a total transaction of £31,519.40 ($39,237.40). Over the last 90 days, insiders bought 193 shares of company stock valued at $45,198. Corporate insiders own 8.27% of the company’s stock.

About Moneysupermarket.com Group

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.