Moonpig Group PLC (LON:MOON) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Moonpig Group PLC (LON:MOON) have received a consensus recommendation of “Buy” from the five ratings firms that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 259.80 ($3.17).

Several equities analysts have recently issued reports on the stock. Canaccord Genuity Group lifted their price objective on shares of Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the stock a “buy” rating in a research note on Monday, December 16th. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a report on Tuesday, December 10th. Finally, Canaccord Genuity Group raised their price objective on Moonpig Group from GBX 254 ($3.10) to GBX 267 ($3.26) and gave the stock a “buy” rating in a research note on Monday, December 16th.

Insider Buying and Selling at Moonpig Group

In related news, insider Nickyl Raithatha sold 1,000,000 shares of the business’s stock in a transaction that occurred 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). Company insiders own 4.31% of the company’s stock.

Moonpig Group Price Performance

Shares of Moonpig Group stock opened at GBX 198.57 ($2.42) on Friday. Moonpig Group has a 52 week low of GBX 148.20 ($1.81) and a 52 week high of GBX 277.50 ($3.39). The company has a current ratio of 0.24, a quick ratio of 0.46 and a debt-to-equity ratio of 3,511.31. The stock has a market cap of £684.87 million, a PE ratio of 1,985.72 and a beta of 1.24. The company’s 50-day moving average price is GBX 235.88 and its two-hundred day moving average price is GBX 218.80.

Moonpig Group Dividend Announcement

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

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.