Moonpig Group PLC (LON:MOON) Stock Has Average Target Price of GBX 289.17 According to Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Moonpig Group, with five buy ratings and one hold rating. The average 12-month price target is GBX 289.17, with individual targets ranging from GBX 235 to GBX 315.
• Insider Andy MacKinnon sold 173,645 shares at an average price of GBX 272 for approximately £472,314; insiders retain a 2.76% ownership stake.
• Moonpig shares opened at GBX 282.40, near their 12-month high of GBX 293, while the company had a market capitalization of about £833.4 million and a P/E ratio of 18.10.

Moonpig Group PLC (LON:MOON - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 289.17.

MOON has been the subject of a number of research reports. Berenberg Bank restated a "buy" rating and set a GBX 300 target price on shares of Moonpig Group in a report on Wednesday, September 16th. Canaccord Genuity Group reduced their price objective on Moonpig Group from GBX 310 to GBX 300 and set a "buy" rating for the company in a research note on Friday, June 26th. Jefferies Financial Group restated a "buy" rating and issued a GBX 315 target price on shares of Moonpig Group in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 235 target price on shares of Moonpig Group in a research report on Friday, June 26th.

Insider Buying and Selling

In other Moonpig Group news, insider Andy MacKinnon sold 173,645 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of GBX 272, for a total value of £472,314.40. Corporate insiders own 2.76% of the company's stock.

Moonpig Group Stock Performance

LON:MOON opened at GBX 282.40 on Friday. The company has a 50-day moving average of GBX 274.41 and a 200-day moving average of GBX 243.76. The firm has a market cap of £833.40 million, a price-to-earnings ratio of 18.10 and a beta of 0.97. The company has a current ratio of 0.21, a quick ratio of 0.46 and a debt-to-equity ratio of -216.13. Moonpig Group has a twelve month low of GBX 193.40 and a twelve month high of GBX 293.

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.

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