Jefferies Financial Group Reaffirms Buy Rating for Moonpig Group (LON:MOON)

Key Points

• Jefferies Financial Group reaffirmed a Buy rating on Moonpig and set a GBX 315 price target, implying roughly 49.6% upside from the current price.
• Six analysts rate the stock Buy and one rates it Hold, giving a MarketBeat consensus of "Moderate Buy" with a consensus price target of GBX 305.
• Shares traded down 2.5% to GBX 210.50 on heavy volume (6.56M vs. average 2.05M); market cap ≈ £652M, P/E 15.25, and a 1‑year range of GBX 190.20–262.50.

Moonpig Group (LON:MOON - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Jefferies Financial Group in a report released on Friday, Marketbeat Ratings reports. They currently have a GBX 315 price target on the stock. Jefferies Financial Group's target price indicates a potential upside of 49.64% from the company's current price.

MOON has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their target price on shares of Moonpig Group from GBX 275 to GBX 285 and gave the stock an "overweight" rating in a research note on Thursday. Peel Hunt reiterated a "buy" rating and issued a GBX 300 price objective on shares of Moonpig Group in a report on Tuesday, December 9th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 305.

Moonpig Group Trading Down 2.5%

LON:MOON traded down GBX 5.50 during trading hours on Friday, hitting GBX 210.50. The company had a trading volume of 6,560,330 shares, compared to its average volume of 2,048,821. Moonpig Group has a 1 year low of GBX 190.20 and a 1 year high of GBX 262.50. The company has a market cap of £652.03 million, a P/E ratio of 15.25 and a beta of 1.08. The company has a 50-day moving average of GBX 212.83 and a 200 day moving average of GBX 210.55. The company has a current ratio of 0.30, a quick ratio of 0.46 and a debt-to-equity ratio of -271.84.

Moonpig Group Company Profile

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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