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

Shares of Moonpig Group PLC (LON:MOON) have received an average rating of “Buy” from the five analysts that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 259.80 ($3.27).

MOON has been the topic of a number of research reports. Canaccord Genuity Group boosted their target price on shares of Moonpig Group from GBX 254 ($3.19) to GBX 267 ($3.36) 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 report on Tuesday, December 10th. Finally, Canaccord Genuity Group raised their price objective on Moonpig Group from GBX 254 ($3.19) to GBX 267 ($3.36) and gave the company a “buy” rating in a research note on Monday, December 16th.

Moonpig Group Trading Up 1.4 %

Shares of Moonpig Group stock opened at GBX 221 ($2.78) on Wednesday. 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 firm has a market cap of £762.23 million, a price-to-earnings ratio of 2,210.00 and a beta of 1.24. Moonpig Group has a twelve month low of GBX 148.20 ($1.86) and a twelve month high of GBX 277.50 ($3.49). The business has a 50-day moving average price of GBX 244.89 and a 200-day moving average price of GBX 213.50.

Moonpig Group Announces Dividend

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

Insider Activity at Moonpig Group

In related news, insider Nickyl Raithatha sold 1,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.10), for a total value of £2,470,000 ($3,104,575.16). 4.31% of the stock is currently owned by corporate insiders.

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.