Moonpig Group PLC (LON:MOON) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Moonpig Group PLC (LON:MOON) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 289.17.

MOON has been the topic of a number of recent analyst reports. Canaccord Genuity Group dropped their target price on shares of Moonpig Group from GBX 310 to GBX 300 and set a “buy” rating on the stock in a research report on Friday, June 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 300 price target on shares of Moonpig Group in a research report on Thursday, June 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 315 target price on shares of Moonpig Group in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 235 price objective on shares of Moonpig Group in a research report on Friday, June 26th.

Moonpig Group Stock Down 0.1%

MOON stock opened at GBX 260.80 on Tuesday. The stock has a market cap of £763.58 million, a P/E ratio of 16.72 and a beta of 0.97. The company has a current ratio of 0.21, a quick ratio of 0.46 and a debt-to-equity ratio of -216.13. Moonpig Group has a twelve month low of GBX 193.40 and a twelve month high of GBX 293. The company’s 50 day moving average is GBX 273.95 and its two-hundred day moving average is GBX 236.82.

About Moonpig Group

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. The Moonpig brand also operates in Ireland, Australia and the United States.

The Group’s leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.