UBS Group Upgrades Moneysupermarket.Com Group (LON:MONY) to “Buy”

Moneysupermarket.Com Group (LON:MONY) was upgraded by UBS Group to a “buy” rating in a research note issued to investors on Wednesday, May 22nd, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 415 ($5.42) price target on the stock, up from their previous price target of GBX 305 ($3.99). UBS Group’s price objective suggests a potential upside of 7.68% from the company’s current price.

Several other brokerages have also recently weighed in on MONY. Shore Capital reissued a “hold” rating on shares of Moneysupermarket.Com Group in a research report on Thursday, February 7th. Peel Hunt reissued an “add” rating on shares of Moneysupermarket.Com Group in a research report on Wednesday, March 13th. Berenberg Bank cut shares of Moneysupermarket.Com Group to a “sell” rating and increased their price target for the company from GBX 275 ($3.59) to GBX 285 ($3.72) in a research report on Monday, April 8th. Finally, Liberum Capital restated a “buy” rating on shares of Moneysupermarket.Com Group in a report on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Moneysupermarket.Com Group currently has a consensus rating of “Hold” and a consensus price target of GBX 343.75 ($4.49).

Shares of Moneysupermarket.Com Group stock traded down GBX 7.90 ($0.10) during trading on Wednesday, reaching GBX 385.40 ($5.04). The company’s stock had a trading volume of 828,025 shares, compared to its average volume of 3,170,000. The stock has a market capitalization of $2.05 billion and a price-to-earnings ratio of 23.94. The company has a debt-to-equity ratio of 7.48, a quick ratio of 1.12 and a current ratio of 1.21. Moneysupermarket.Com Group has a 52-week low of GBX 258 ($3.37) and a 52-week high of GBX 395.80 ($5.17).

About Moneysupermarket.Com Group

Moneysupermarket.com Group PLC, together with its subsidiaries, operates price and product comparison, and editorial based Websites in the United Kingdom. It operates in Insurance, Money, and Home Services segments. The company also provides financial intermediary services. Moneysupermarket.com Group PLC was founded in 1993 and is based in Chester, the United Kingdom.

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Analyst Recommendations for Moneysupermarket.Com Group (LON:MONY)

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