Moonpig Group PLC (MOON.L) – What Are Investment Firms Thinking About This Stock?

Shares of Moonpig Group PLC (LON:MOON) have been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, 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 analysts that have issued a report on the stock in the last year is GBX 289.17.

Several analysts have recently commented on the stock. Canaccord Genuity Group dropped their price objective on shares of Moonpig Group from GBX 310 to GBX 300 and set a “buy” rating on the stock in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 235 target price on shares of Moonpig Group in a report on Friday, June 26th. Berenberg Bank reissued a “buy” rating and set a GBX 300 target price on shares of Moonpig Group in a report on Wednesday, September 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 315 price target on shares of Moonpig Group in a report on Thursday, June 25th.

Insider Buying and Selling at Moonpig Group

In other Moonpig Group news, insider Andy MacKinnon sold 173,645 shares of Moonpig Group stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of GBX 272, for a total transaction of £472,314.40. Insiders own 2.76% of the company’s stock.

Moonpig Group Stock Performance

LON:MOON traded up GBX 6.60 during midday trading on Friday, hitting GBX 297.80. The company’s stock had a trading volume of 1,109,771 shares, compared to its average volume of 4,879,958. Moonpig Group has a fifty-two week low of GBX 193.40 and a fifty-two week high of GBX 299.20. The company has a debt-to-equity ratio of -216.13, a current ratio of 0.21 and a quick ratio of 0.46. The firm has a market cap of £878.85 million, a P/E ratio of 19.09 and a beta of 0.97. The firm’s 50 day moving average is GBX 274.81 and its 200-day moving average is GBX 246.43.

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.