Analysts Set Moonpig Group PLC (LON:MOON) Target Price at GBX 289.17

Shares of Moonpig Group PLC (LON:MOON) have received a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 289.17.

Several research analysts have recently weighed in on MOON shares. Jefferies Financial Group restated a “buy” rating and issued a GBX 315 price target on shares of Moonpig Group in a research note on Thursday, June 25th. Berenberg Bank reiterated a “buy” rating and issued a GBX 300 price objective on shares of Moonpig Group in a report on Wednesday, September 16th. Canaccord Genuity Group decreased their target price on Moonpig Group from GBX 310 to GBX 300 and set a “buy” rating for the company in a research report on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 235 target price on shares of Moonpig Group in a research note on Friday, June 26th.

Moonpig Group Stock Performance

MOON stock opened at GBX 265.20 on Tuesday. The stock has a market capitalization of £776.47 million, a PE ratio of 17.00 and a beta of 0.97. Moonpig Group has a 12-month low of GBX 193.40 and a 12-month high of GBX 293. The company has a current ratio of 0.21, a quick ratio of 0.46 and a debt-to-equity ratio of -216.13. The stock’s 50 day simple moving average is GBX 274.02 and its 200 day simple moving average is GBX 238.36.

About Moonpig Group

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.