Moonpig Group (LON:MOON – Get 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 %
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
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.
Featured Articles
- Five stocks we like better than Moonpig Group
- Investing in Commodities: What Are They? How to Invest in Them
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- What Do S&P 500 Stocks Tell Investors About the Market?
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- What Investors Need to Know About Upcoming IPOs
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
Receive News & Ratings for Moonpig Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moonpig Group and related companies with MarketBeat.com's FREE daily email newsletter.