Brokerages Set Moonpig Group PLC (LON:MOON) Target Price at GBX 305

Shares of Moonpig Group PLC (LON:MOON) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 305.

A number of research firms have recently issued reports on MOON. JPMorgan Chase & Co. raised their target price on shares of Moonpig Group from GBX 275 to GBX 285 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 315 price target on shares of Moonpig Group in a research note on Friday, March 20th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 300 price target on shares of Moonpig Group in a report on Tuesday, December 9th.

Moonpig Group Trading Up 1.7%

MOON stock opened at GBX 210 on Tuesday. Moonpig Group has a one year low of GBX 190.20 and a one year high of GBX 262.50. The stock has a market cap of £650.49 million, a price-to-earnings ratio of 15.22 and a beta of 1.08. The company has a fifty day moving average price of GBX 212.92 and a two-hundred day moving average price of GBX 211.11. The company has a debt-to-equity ratio of -271.84, a current ratio of 0.30 and a quick ratio of 0.46.

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.