Berenberg Bank Increases Moonpig Group (LON:MOON) Price Target to GBX 280

Moonpig Group (LON:MOON) had its target price upped by Berenberg Bank from GBX 265 ($3.36) to GBX 280 ($3.55) in a report issued on Friday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 46.90% from the stock’s previous close.

Moonpig Group Trading Up 4.2 %

Shares of Moonpig Group stock opened at GBX 190.60 ($2.42) on Friday. The firm has a market cap of £654.94 million, a price-to-earnings ratio of 1,906.00 and a beta of 1.27. The business has a 50-day moving average price of GBX 158.51 and a 200-day moving average price of GBX 161.79. The company has a quick ratio of 0.46, a current ratio of 0.39 and a debt-to-equity ratio of 96.66. Moonpig Group has a twelve month low of GBX 140.91 ($1.79) and a twelve month high of GBX 195 ($2.47).

Moonpig Group Company Profile

Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. The company sells its products under the Moonpig, Buyagift, RedLetterdays, and Greetz brands through website and mobile app. Moonpig Group PLC was founded in 2000 and is headquartered in London, the United Kingdom.