Mony Group (MONY)

Sector:

IT Services

Index:

FTSE 250

200.20p
   
  • Change Today:
    -1.20p
  • 52 Week High: 221.40p
  • 52 Week Low: 181.60p
  • Currency: UK Pounds
  • Shares Issued: 529.25m
  • Volume: 314,952
  • Market Cap: £1,059.56m
  • RiskGrade: 149

RBC Capital lifts Moneysupermarket price target

By Michele Maatouk

Date: Monday 04 Sep 2023

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets lifted its price target on Moneysupermarket on Monday to 300p from 290p on higher long-term margin forecasts, as it argued the shares are attractive after a de-rating.
The bank, which rates the stock at 'outperform', noted that the shares have de-rated by around 15% over the last month.

"We believe this reflects the market's lower confidence in its earnings beyond this year, given uncertainties around energy switching," it said.

"Our bottom-up forecasts suggest the strength of its high-margin insurance business can offset a lack of meaningful energy switching revenue next year. Additionally, we remain confident that MONY is well-positioned for when energy switching returns, presenting upside to our FY24 forecasts.

"Therefore, we view this as an attractive entry point for MONY, trading on a CY24 estimated free cash flow yield of 7%."

RBC said the de-rating was unjustified, "in light of the company's favourable positioning in the current environment, the strength of its motor and home insurance businesses and its ability to drive margin improvement".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mony Group Market Data

Currency UK Pounds
Share Price 200.20p
Change Today -1.20p
% Change -0.60 %
52 Week High 221.40p
52 Week Low 181.60p
Volume 314,952
Shares Issued 529.25m
Market Cap £1,059.56m
RiskGrade 149

Mony Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.06% below the market average52.06% below the market average52.06% below the market average52.06% below the market average52.06% below the market average
68.83% above the sector average68.83% above the sector average68.83% above the sector average68.83% above the sector average68.83% above the sector average
Price Trend
34.91% below the market average34.91% below the market average34.91% below the market average34.91% below the market average34.91% below the market average
6.17% above the sector average6.17% above the sector average6.17% above the sector average6.17% above the sector average6.17% above the sector average
Income
90.22% above the market average90.22% above the market average90.22% above the market average90.22% above the market average90.22% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Growth
32.17% above the market average32.17% above the market average32.17% above the market average32.17% above the market average32.17% above the market average
1.33% above the sector average1.33% above the sector average1.33% above the sector average1.33% above the sector average1.33% above the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Mony Group Dividends

  Latest Previous
  Interim Final
Ex-Div 31-Jul-25 10-Apr-25
Paid 08-Sep-25 16-May-25
Amount 3.30p 9.20p

Trades for 27-Aug-2025

Time Volume / Share Price
13:55 856 @ 200.20p
13:55 519 @ 200.20p
13:52 80 @ 200.60p
13:52 839 @ 200.40p
13:52 1,900 @ 200.40p

Mony Group Key Personnel

CEO Peter Duffy
Chair Jonathan Bewes

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