Jefferies Gains Confidence in Moneysupermarket.com Group (LON:MONY). Will Other Analysts Follow?

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Moneysupermarket.com Group (LON:MONY) Stock Upgrade

Jefferies hiked shares of Moneysupermarket.com Group (LON:MONY) to a “Buy” rating in a comprehensive report sent to investors on Wednesday, 9 December. The firm after the upgrade has a GBX 440 target price on shares.

From a total of 9 analysts covering Moneysupermarket.com Group PLC (LON:MONY) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 380 while the lowest target price is GBX 263. The mean of all analyst targets is GBX 334.44 with a -2.37% below today’s (GBX 338.3) stock price. Moneysupermarket.com Group PLC was the topic of 21 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Jefferies upgraded shares on December 9 to “Buy” rating. Numis Securities maintained shares with “Sell” rating and GBX 225 target share price in a report from an October 30. Shore Capital maintained MONY stock in a recent report from November 25 with “Buy” rating. UBS maintained the rating on October 19. UBS has a “Neutral” rating and a GBX 310 price target on shares. Finally, Investec maintained the stock with “Buy” rating in a report issued on a November 2.

Approximately 958,627 shares of stock traded hands or 0.40% up from the average. Moneysupermarket.Com Group PLC (LON:MONY) has risen 9.29% since May 12, 2015 and is uptrending. It has outperformed by 10.09% the S&P500.

 Jefferies Gains Confidence in Moneysupermarket.com Group (LON:MONY). Will Other Analysts Follow?

Moneysupermarket.com Group PLC is a United Kingdom holding company. The company has a market cap of 1.87 billion GBP. The Firm operates in five divisions: Money, which offers clients the ability to search for and compare products, including credit cards, current accounts, mortgages, loans, debt solutions, savings accounts and business finance; Insurance, which offers clients the ability to search for and compare insurance products, such as breakdown, dental, home, life, medical, motor, pet and travel insurance; Home Services, which offers clients the ability to search for and compare products, such as broadband, mobile phones, vouchers, shopping and utilities; TravelSupermarket.com, which offers clients the ability to search for and compare car hire, flights, hotels and package holidays, and MoneySavingExpert.com., a consumer Website and is dedicated to cutting bills for customers. It has 30.07 P/E ratio.

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