ShoreCap stays at 'buy' on Moneysupermarket.com after 1H figures
Moneysupermarket.com Group
215.80p
16:40 26/04/24
0.94%
2.00p
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
19,824.16
16:59 26/04/24
n/a
n/a
FTSE 350
4,470.09
16:59 26/04/24
n/a
n/a
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
n/a
Software & Computer Services
2,441.17
16:59 26/04/24
2.12%
50.60
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.