Moonpig Group (LON:MOON) Price Target Raised to GBX 267

Moonpig Group (LON:MOON) had its price target upped by Canaccord Genuity Group from GBX 254 ($3.19) to GBX 267 ($3.36) in a report published on Monday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Shore Capital reiterated a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 259.80 ($3.27).

Moonpig Group Stock Performance

Moonpig Group stock opened at GBX 226 ($2.84) on Monday. The company’s 50-day moving average price is GBX 244.71 and its 200-day moving average price is GBX 212.22. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31. The company has a market cap of £779.47 million, a PE ratio of 2,260.00 and a beta of 1.24. Moonpig Group has a twelve month low of GBX 148.20 ($1.86) and a twelve month high of GBX 277.50 ($3.49).

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 paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 0.37%.

Insider Activity at Moonpig Group

In other Moonpig Group news, insider Nickyl Raithatha sold 1,000,000 shares of the stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.11), for a total value of £2,470,000 ($3,105,355.80). 4.31% of the stock is currently owned by insiders.

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.