Moonpig Group PLC (LON:MOON) Receives Average Recommendation of “Buy” from Brokerages

Moonpig Group PLC (LON:MOON) has been given an average rating of “Buy” by the five brokerages that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 259.80 ($3.17).

A number of equities analysts have recently weighed in on MOON shares. Canaccord Genuity Group boosted their price target on Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the stock a “buy” rating in a report on Monday, December 16th. Shore Capital restated a “not rated” rating on shares of Moonpig Group in a report on Tuesday, December 10th. Finally, Canaccord Genuity Group lifted their price target on shares of Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the stock a “buy” rating in a report on Monday, December 16th.

Moonpig Group Stock Performance

Shares of MOON stock opened at GBX 198.57 ($2.42) on Friday. The stock has a fifty day moving average price of GBX 235.88 and a 200 day moving average price of GBX 218.80. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24. The stock has a market cap of £684.87 million, a PE ratio of 1,985.72 and a beta of 1.24. Moonpig Group has a 1 year low of GBX 148.20 ($1.81) and a 1 year high of GBX 277.50 ($3.39).

Moonpig Group Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, February 20th will be given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, February 20th.

Insider Buying and Selling at Moonpig Group

In other news, insider Nickyl Raithatha sold 1,000,000 shares of the business’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.02), for a total transaction of £2,470,000 ($3,015,873.02). 4.31% of the stock is owned by insiders.

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.