Mony Group (LON:MONY) Price Target Raised to GBX 300

Mony Group (LON:MONY) had its target price boosted by Berenberg Bank from GBX 290 ($3.65) to GBX 300 ($3.78) in a research report released on Monday morning, Marketbeat.com reports. Berenberg Bank currently has a buy rating on the stock.

Mony Group Trading Up 1.8 %

MONY opened at GBX 203.57 ($2.56) on Monday. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 32.86. The stock has a market capitalization of £1.09 billion, a PE ratio of 14.25, a PEG ratio of 1.20 and a beta of 0.67. Mony Group has a 1-year low of GBX 179.20 ($2.25) and a 1-year high of GBX 253.20 ($3.19). The firm has a 50-day moving average price of GBX 190.68 and a two-hundred day moving average price of GBX 199.47.

Mony Group (LON:MONY) last posted its quarterly earnings data on Monday, February 17th. The company reported GBX 17.10 ($0.22) earnings per share for the quarter. Mony Group had a net margin of 17.25% and a return on equity of 34.74%. As a group, equities analysts anticipate that Mony Group will post 19.1090909 earnings per share for the current fiscal year.

Insider Buying and Selling at Mony Group

In other Mony Group news, insider Rakesh Sharma purchased 5,030 shares of the stock in a transaction dated Monday, February 17th. The stock was bought at an average price of GBX 199 ($2.50) per share, for a total transaction of £10,009.70 ($12,595.57). In the last 90 days, insiders purchased 5,186 shares of company stock worth $1,030,922. 9.15% of the stock is currently owned by corporate 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.