Moonpig Group PLC (LON:MOON) Receives GBX 259.80 Consensus Target Price from Brokerages

Moonpig Group PLC (LON:MOON) has been given an average recommendation of “Buy” by the five research firms that are covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 259.80 ($3.17).

MOON has been the topic of several recent research reports. Canaccord Genuity Group boosted their price target on shares of Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the company a “buy” rating in a research report on Monday, December 16th. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Finally, Canaccord Genuity Group increased their price target on shares of Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the company a “buy” rating in a research note on Monday, December 16th.

Moonpig Group Stock Performance

LON MOON opened at GBX 202.62 ($2.47) on Friday. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24. The stock’s fifty day moving average is GBX 233.92 and its two-hundred day moving average is GBX 218.95. The firm has a market capitalization of £698.83 million, a P/E ratio of 2,026.19 and a beta of 1.24. Moonpig Group has a fifty-two week low of GBX 148.20 ($1.81) and a fifty-two week high of GBX 277.50 ($3.39).

Moonpig Group Dividend Announcement

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

Insiders Place Their Bets

In related news, insider Nickyl Raithatha sold 1,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.02), for a total transaction of £2,470,000 ($3,015,504.82). 4.31% of the stock is owned by insiders.

Moonpig Group Company Profile

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences.