Moonpig Group (LON:MOON) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Moonpig Group (LON:MOONGet Free Report) had its price target boosted by analysts at Canaccord Genuity Group from GBX 254 ($3.23) to GBX 267 ($3.39) in a research note issued on Monday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 18.14% from the stock’s current price.

Several other equities research analysts also recently commented on MOON. Shore Capital reissued a “not rated” rating on shares of Moonpig Group in a report on Tuesday, December 10th. Canaccord Genuity Group raised their price objective on shares of Moonpig Group from GBX 254 ($3.23) to GBX 267 ($3.39) and gave the company a “buy” rating in a research note on Monday. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 259.80 ($3.30).

Read Our Latest Stock Analysis on Moonpig Group

Moonpig Group Stock Down 1.3 %

LON:MOON traded down GBX 3 ($0.04) during mid-day trading on Monday, hitting GBX 226 ($2.87). 2,163,550 shares of the company’s stock were exchanged, compared to its average volume of 1,167,322. 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. The business has a fifty day moving average price of GBX 244.55 and a 200 day moving average price of GBX 211.77. Moonpig Group has a one year low of GBX 148.20 ($1.88) and a one year high of GBX 277.50 ($3.53). The company has a market cap of £779.47 million, a PE ratio of 2,260.00 and a beta of 1.24.

Insider Transactions at Moonpig Group

In other news, insider Nickyl Raithatha sold 1,000,000 shares of the firm’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.14), for a total transaction of £2,470,000 ($3,140,096.62). Company insiders own 4.31% of the company’s stock.

About Moonpig Group

(Get Free Report)

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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Analyst Recommendations for Moonpig Group (LON:MOON)

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