Moonpig Group (LON:MOON) Price Target Raised to GBX 285 at JPMorgan Chase & Co.

Moonpig Group (LON:MOON) had its target price hoisted by JPMorgan Chase & Co. from GBX 275 to GBX 285 in a research note released on Thursday morning, MarketBeat Ratings reports. The firm currently has an overweight rating on the stock.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 300 target price on shares of Moonpig Group in a research note on Tuesday, December 9th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 303.33.

Moonpig Group Price Performance

Shares of MOON opened at GBX 216 on Thursday. Moonpig Group has a twelve month low of GBX 190.20 and a twelve month high of GBX 262.50. The company has a market capitalization of £669.07 million, a P/E ratio of 15.65 and a beta of 1.08. The firm has a 50 day moving average of GBX 212.83 and a 200 day moving average of GBX 210.55. The company has a quick ratio of 0.46, a current ratio of 0.30 and a debt-to-equity ratio of -271.84.

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.