Moneysupermarket.Com Group has still an uptrend and should rebound after its recent decline.

The economic and financial situation of the company is still strong, as underlined by Surperformance ratings. Estimated sales from Thomson Reuters consensus are encouraging. Analysts covering the stock keep upgrading their EPS estimates, which support the appreciation of the security.

Technically, the security is in an uptrend on all time scales and it is supported by moving averages. In the late sessions, the stock started a slight correction that brang it on the GBp 267 support, level that is likely to allow a significant technical rebound.

For reasons above exposed, investors could benefit from the upward trend on Moneysupermarket.Com Group by opening long positions. A first target could be set at the GBp 289.4 and new bullish aim could be further reached. The return under GBp 267.1 would invalidate the recovery scenario and trigger the stop-loss order.