ShoreCap stays at 'buy' on Moneysupermarket.com after 1H figures
Mony Group
190.70p
15:44 15/11/24
-0.63%
-1.20p
Analysts at ShoreCap reiterated their 'buy' recommendation on shares of Moneysupermarket.com on the back of the price comparison website's fist half figures.
FTSE 250
20,508.75
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
n/a
n/a
Software & Computer Services
2,469.20
15:44 15/11/24
-0.65%
-16.26
Aside from "gently exceeding" the consensus, the results had called attention to ongoing progress in new product development, technology investment and on advancing initiatives to boost customer retention and cross-selling.
As a result, the analysts had bumped up their estimate for full-year 2023 earnings per share by 5% and raised their 'fair value' estimate to 349.0p.