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

Shares of Moonpig Group PLC (LON:MOON) have been given an average rating of “Buy” by the five analysts that are currently covering the firm, Marketbeat reports. Five analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 259.80 ($3.27).

Several equities analysts recently commented on the stock. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Canaccord Genuity Group raised 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. Finally, Canaccord Genuity Group lifted their price objective on shares of 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.

Moonpig Group Trading Up 1.4 %

Moonpig Group stock opened at GBX 221 ($2.78) on Wednesday. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24. The stock has a market cap of £762.23 million, a PE ratio of 2,210.00 and a beta of 1.24. The stock has a 50-day moving average of GBX 244.89 and a two-hundred day moving average of GBX 213.50. Moonpig Group has a one year low of GBX 148.20 ($1.86) and a one year high of GBX 277.50 ($3.49).

Moonpig Group Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.37%. The ex-dividend date is Thursday, February 20th.

Insider Activity

In other Moonpig Group news, insider Nickyl Raithatha sold 1,000,000 shares of Moonpig Group stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.10), for a total transaction of £2,470,000 ($3,104,575.16). Insiders own 4.31% of the company’s stock.

Moonpig Group Company Profile

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.