Moonpig Group PLC (LON:MOON) Receives Average Recommendation of “Moderate Buy” from Brokerages

Moonpig Group PLC (LON:MOON) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 300.33.

A number of equities research analysts have recently commented on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 310 price target on shares of Moonpig Group in a report on Wednesday, September 17th. UBS Group reaffirmed a “buy” rating and issued a GBX 360 price objective on shares of Moonpig Group in a research report on Friday, September 5th. Peel Hunt reissued a “buy” rating and issued a GBX 300 target price on shares of Moonpig Group in a report on Thursday, September 18th. Finally, Deutsche Bank Aktiengesellschaft cut Moonpig Group to a “hold” rating and decreased their price target for the stock from GBX 290 to GBX 235 in a research note on Friday, July 4th.

Moonpig Group Stock Up 0.4%

Shares of LON:MOON opened at GBX 216.82 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.46 and a debt-to-equity ratio of 3,511.31. The stock has a fifty day simple moving average of GBX 212.32 and a two-hundred day simple moving average of GBX 224.01. Moonpig Group has a 12-month low of GBX 188.40 and a 12-month high of GBX 277.50. The stock has a market capitalization of £698.34 million, a price-to-earnings ratio of -67.75 and a beta of 1.24.

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.