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

Mony Group (LON:MONY) was upgraded by Jefferies Financial Group to a “buy” rating in a report issued on Friday, MarketBeat reports. The brokerage currently has a GBX 230 price objective on the stock, up from their prior price objective of GBX 205. Jefferies Financial Group’s price objective suggests a potential upside of 51.62% from the company’s current price.

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

Mony Group Stock Performance

Shares of MONY stock opened at GBX 151.70 on Friday. The stock has a fifty day moving average of GBX 166.33 and a 200 day moving average of GBX 182.77. Mony Group has a 52 week low of GBX 139.70 and a 52 week high of GBX 224.80. The company has a quick ratio of 0.71, a current ratio of 1.18 and a debt-to-equity ratio of 7.86. The firm has a market capitalization of £794.02 million, a price-to-earnings ratio of 9.98, a PEG ratio of 1.20 and a beta of 0.89.

Mony Group (LON:MONY) last released 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%. As a group, research analysts expect that Mony Group will post 19.1090909 earnings per share for the current year.

Insider Activity

In other news, insider Rakesh Sharma acquired 12,622 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was bought at an average cost of GBX 158 per share, for a total transaction of £19,942.76. Insiders own 7.71% of the company’s stock.

Mony Group Company Profile

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.