Moonpig Group PLC (LON:MOON – Get Free Report) shares rose 12.3% during trading on Thursday . The stock traded as high as GBX 179 ($2.27) and last traded at GBX 178.40 ($2.26). Approximately 8,632,465 shares were traded during mid-day trading, an increase of 929% from the average daily volume of 838,979 shares. The stock had previously closed at GBX 158.80 ($2.01).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank upped their price target on shares of Moonpig Group from GBX 265 ($3.36) to GBX 280 ($3.55) and gave the company a “buy” rating in a report on Friday.
Check Out Our Latest Analysis on Moonpig Group
Moonpig Group Trading Up 4.2 %
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.
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