Moonpig Group (LON:MOON - Get Free Report) was downgraded by stock analysts at Deutsche Bank Aktiengesellschaft to a "hold" rating in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 235 ($3.21) target price on the stock, down from their previous target price of GBX 290 ($3.96). Deutsche Bank Aktiengesellschaft's price objective indicates a potential downside of 2.89% from the stock's current price.
Other equities research analysts have also recently issued reports about the stock. Shore Capital reissued a "not rated" rating on shares of Moonpig Group in a research report on Thursday, June 26th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 330 ($4.51) price target on shares of Moonpig Group in a research note on Friday, May 2nd. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Moonpig Group has an average rating of "Moderate Buy" and an average price target of GBX 274.75 ($3.75).
Check Out Our Latest Stock Report on MOON
Moonpig Group Trading Up 3.4%
Shares of MOON traded up GBX 8 ($0.11) during trading hours on Friday, reaching GBX 242 ($3.30). 712,328 shares of the company traded hands, compared to its average volume of 2,220,037. The stock's fifty day moving average price is GBX 243.09 and its 200 day moving average price is GBX 224.69. 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 firm has a market cap of £823.71 million, a price-to-earnings ratio of 24.32 and a beta of 1.24. Moonpig Group has a 12-month low of GBX 182.30 ($2.49) and a 12-month high of GBX 277.50 ($3.79).
About Moonpig Group
(
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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.
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