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

Moonpig Group PLC (LON:MOON) has received an average rating of “Buy” from the five ratings firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 259.80 ($3.27).

A number of brokerages recently issued reports on MOON. Canaccord Genuity Group raised their target price on Moonpig Group from GBX 254 ($3.19) to GBX 267 ($3.36) and gave the stock a “buy” rating in a research note on Monday, December 16th. Shore Capital reiterated a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Finally, Canaccord Genuity Group increased their price target on shares of 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.

Moonpig Group Stock Performance

Shares of MOON stock opened at GBX 221 ($2.78) on Wednesday. Moonpig Group has a 12-month low of GBX 148.20 ($1.86) and a 12-month high of GBX 277.50 ($3.49). The business’s fifty day simple moving average is GBX 244.89 and its 200-day simple moving average is GBX 213.13. 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 company has a market cap of £762.23 million, a PE ratio of 2,210.00 and a beta of 1.24.

Moonpig Group Dividend Announcement

The company also recently disclosed 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.

Insider Activity at Moonpig Group

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

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.