Moonpig Group PLC (LON:MOON) Receives GBX 259.80 Consensus Price Target from Brokerages

Moonpig Group PLC (LON:MOON) has earned a consensus recommendation of “Buy” from the five ratings firms that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a buy recommendation. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 259.80 ($3.18).

Several brokerages have recently issued reports on MOON. Canaccord Genuity Group upped their target price on shares of Moonpig Group from GBX 254 ($3.11) to GBX 267 ($3.27) and gave the company a “buy” rating in a research report on Monday, December 16th. Canaccord Genuity Group upped their target price on shares of Moonpig Group from GBX 254 ($3.11) to GBX 267 ($3.27) and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, Shore Capital restated a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th.

Moonpig Group Price Performance

Shares of MOON stock opened at GBX 210 ($2.57) on Friday. The stock has a market cap of £724.29 million, a P/E ratio of 2,100.00 and a beta of 1.24. Moonpig Group has a 52 week low of GBX 148.20 ($1.81) and a 52 week high of GBX 277.50 ($3.40). 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. The company’s fifty day simple moving average is GBX 233.09 and its two-hundred day simple moving average is GBX 219.31.

Moonpig Group Announces Dividend

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

Insider Buying and Selling

In other Moonpig Group news, insider Nickyl Raithatha sold 1,000,000 shares of the company’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.02), for a total value of £2,470,000 ($3,022,146.09). 4.31% of the stock is currently owned by corporate insiders.

About Moonpig Group

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.