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

Shares of Moonpig Group PLC (LON:MOON) have been assigned an average recommendation of “Buy” from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 259.80 ($3.21).

MOON has been the topic of several recent analyst reports. Canaccord Genuity Group increased their price target on Moonpig Group from GBX 254 ($3.14) to GBX 267 ($3.30) and gave the stock a “buy” rating in a report on Monday, December 16th. Shore Capital restated a “not rated” rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Finally, Canaccord Genuity Group lifted their price target on shares of Moonpig Group from GBX 254 ($3.14) to GBX 267 ($3.30) and gave the company a “buy” rating in a research note on Monday, December 16th.

Moonpig Group Stock Down 0.2 %

Shares of MOON stock opened at GBX 220.80 ($2.73) on Thursday. The company’s fifty day simple moving average is GBX 221.86 and its two-hundred day simple moving average is GBX 222.87. Moonpig Group has a 52 week low of GBX 148.20 ($1.83) and a 52 week high of GBX 277.50 ($3.43). The stock has a market cap of £761.54 million, a P/E ratio of 2,208.00 and a beta of 1.24. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31.

Moonpig Group Dividend Announcement

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

Moonpig Group Company Profile

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.