Moonpig Group (LON:MOON) Given New GBX 265 Price Target at Jefferies Financial Group

Moonpig Group (LON:MOON) had its price target upped by equities researchers at Jefferies Financial Group from GBX 230 ($2.91) to GBX 265 ($3.35) in a report issued on Wednesday, LSE.Co.UK reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 44.97% from the stock’s current price.

Separately, Berenberg Bank increased their price target on Moonpig Group from GBX 265 ($3.35) to GBX 280 ($3.54) and gave the stock a “buy” rating in a research report on Friday, June 28th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 241 ($3.05).

Moonpig Group Stock Performance

Shares of Moonpig Group stock traded up GBX 0.80 ($0.01) on Wednesday, reaching GBX 182.80 ($2.31). 2,869,566 shares of the stock were exchanged, compared to its average volume of 913,503. The business has a 50 day moving average price of GBX 158.93 and a two-hundred day moving average price of GBX 162. The firm has a market capitalization of £628.14 million, a price-to-earnings ratio of 1,828.00 and a beta of 1.27. The company has a quick ratio of 0.46, a current ratio of 0.39 and a debt-to-equity ratio of 96.66. Moonpig Group has a twelve month low of GBX 144.97 ($1.83) and a twelve month high of GBX 195 ($2.47).

Moonpig Group Company Profile

Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. The company sells its products under the Moonpig, Buyagift, RedLetterdays, and Greetz brands through website and mobile app. Moonpig Group PLC was founded in 2000 and is headquartered in London, the United Kingdom.