Brokerages Set Moonpig Group PLC (LON:MOON) Price Target at GBX 259.80

Shares of Moonpig Group PLC (LON:MOON) have been given a consensus recommendation of “Buy” by the five ratings firms that are presently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 259.80 ($3.27).

MOON has been the subject of several recent research reports. Canaccord Genuity Group raised their price objective on shares of Moonpig Group from GBX 254 ($3.19) to GBX 267 ($3.36) and gave the company a “buy” rating in a research note on Monday, December 16th. Shore Capital reissued a “not rated” rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Finally, Canaccord Genuity Group upped their price target on Moonpig Group from GBX 254 ($3.19) to GBX 267 ($3.36) and gave the stock a “buy” rating in a report on Monday, December 16th.

Insider Transactions at Moonpig Group

In other Moonpig Group news, insider Nickyl Raithatha sold 1,000,000 shares of Moonpig Group stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.10), for a total transaction of £2,470,000 ($3,104,184.99). Insiders own 4.31% of the company’s stock.

Moonpig Group Stock Performance

Shares of Moonpig Group stock opened at GBX 221 ($2.78) on Wednesday. The stock has a market capitalization of £762.23 million, a price-to-earnings ratio of 2,210.00 and a beta of 1.24. The company has a debt-to-equity ratio of 3,511.31, a current ratio of 0.24 and a quick ratio of 0.46. The business has a 50-day moving average of GBX 244.89 and a 200 day moving average of GBX 213.13. Moonpig Group has a 12 month low of GBX 148.20 ($1.86) and a 12 month high of GBX 277.50 ($3.49).

Moonpig Group Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, February 20th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 0.37%. The ex-dividend date is Thursday, February 20th.

About Moonpig Group

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.