Moonpig Group (LON:MOON) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Moonpig Group (LON:MOON) in a research note issued to investors on Thursday,London Stock Exchange reports. Peel Hunt currently has a GBX 300 target price on the stock.

MOON has been the subject of several other research reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 310 price objective on shares of Moonpig Group in a report on Wednesday. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research note on Thursday, June 26th. UBS Group reiterated a “buy” rating and issued a GBX 360 price objective on shares of Moonpig Group in a report on Friday, September 5th. Finally, Deutsche Bank Aktiengesellschaft cut Moonpig Group to a “hold” rating and dropped their target price for the stock from GBX 290 to GBX 235 in a report on Friday, July 4th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 300.33.

Moonpig Group Trading Up 0.7%

Shares of MOON stock opened at GBX 213.44 on Thursday. Moonpig Group has a 1 year low of GBX 188.40 and a 1 year high of GBX 277.50. The firm has a market capitalization of £692.83 million, a PE ratio of -6,669.88 and a beta of 1.24. The stock has a fifty day moving average of GBX 207.55 and a two-hundred day moving average of GBX 221.53. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24.

Insider Buying and Selling at Moonpig Group

In other news, insider Nickyl Raithatha sold 87,950 shares of the company’s stock in a transaction on Monday, July 7th. The stock was sold at an average price of GBX 215, for a total transaction of £189,092.50. Also, insider Andy MacKinnon sold 51,999 shares of the stock in a transaction on Monday, July 7th. The shares were sold at an average price of GBX 215, for a total value of £111,797.85. Company insiders own 2.35% of the company’s stock.

Moonpig Group Company Profile

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.