Royal Bank Of Canada Issues Pessimistic Forecast for Mony Group (LON:MONY) Stock Price

Mony Group (LON:MONY) had its price objective cut by Royal Bank Of Canada from GBX 260 to GBX 250 in a report issued on Wednesday,London Stock Exchange reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 34.63% from the stock’s current price.

Mony Group Stock Up 0.9%

MONY stock opened at GBX 185.70 on Wednesday. The business has a 50 day moving average of GBX 191.43 and a 200 day moving average of GBX 201.45. The firm has a market cap of £972.54 million, a PE ratio of 12.22, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. Mony Group has a twelve month low of GBX 174 and a twelve month high of GBX 224.80. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.86.

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.