Moonpig Group PLC (LON:MOON) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Moonpig Group PLC (LON:MOON) has received an average rating of “Moderate Buy” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 307.

Separately, Peel Hunt restated a “buy” rating and issued a GBX 300 price target on shares of Moonpig Group in a research report on Tuesday, December 9th.

Moonpig Group Stock Performance

Shares of MOON opened at GBX 221 on Friday. Moonpig Group has a 52-week low of GBX 188.60 and a 52-week high of GBX 262.50. 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 has a market capitalization of £688.48 million, a PE ratio of 16.01 and a beta of 1.24. The company has a 50-day simple moving average of GBX 210.15 and a 200-day simple moving average of GBX 209.87.

Moonpig Group declared that its board has authorized a share buyback program on Friday, November 7th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

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. The Moonpig brand also operates in Ireland, Australia and the United States.

The Group’s leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.