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

Moonpig Group PLC (LON:MOON) has earned an average recommendation of “Buy” from the five research firms that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 259.80 ($3.26).

Several brokerages have recently commented on MOON. Canaccord Genuity Group raised their price objective on shares of Moonpig Group from GBX 254 ($3.18) to GBX 267 ($3.35) and gave the stock a “buy” rating in a research report on Monday, December 16th. Canaccord Genuity Group raised their price target on shares of Moonpig Group from GBX 254 ($3.18) to GBX 267 ($3.35) and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Shore Capital reiterated a “not rated” rating on shares of Moonpig Group in a report on Tuesday, December 10th.

Insider Transactions at Moonpig Group

In related news, insider Nickyl Raithatha sold 1,000,000 shares of Moonpig Group stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.10), for a total transaction of £2,470,000 ($3,096,402.16). 4.31% of the stock is currently owned by insiders.

Moonpig Group Stock Up 1.2 %

Shares of Moonpig Group stock opened at GBX 214.50 ($2.69) on Wednesday. The stock’s 50-day moving average is GBX 244.71 and its 200 day moving average is GBX 213.49. Moonpig Group has a one year low of GBX 148.20 ($1.86) and a one year high of GBX 277.50 ($3.48). The firm has a market cap of £739.81 million, a price-to-earnings ratio of 2,145.00 and a beta of 1.24. The company has a debt-to-equity ratio of 3,511.31, a current ratio of 0.24 and a quick ratio of 0.46.

Moonpig Group Dividend Announcement

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

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.