Moonpig Group PLC (LON:MOON - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 290 and last traded at GBX 287.20, with a volume of 397872 shares changing hands. The stock had previously closed at GBX 285.40.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Canaccord Genuity Group dropped their price objective on shares of Moonpig Group from GBX 310 to GBX 300 and set a "buy" rating for the company in a report on Friday, June 26th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 315 target price on shares of Moonpig Group in a research note on Thursday, June 25th. Berenberg Bank restated a "buy" rating and set a GBX 300 price target on shares of Moonpig Group in a research report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 235 price target on shares of Moonpig Group in a research note on Friday, June 26th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 299.29.
Read Our Latest Analysis on Moonpig Group
Moonpig Group Stock Performance
The company has a 50-day simple moving average of GBX 247.49 and a two-hundred day simple moving average of GBX 224.81. The company has a debt-to-equity ratio of -216.13, a quick ratio of 0.46 and a current ratio of 0.21. The firm has a market capitalization of £847.57 million, a P/E ratio of 18.38 and a beta of 0.95.
Moonpig Group declared that its board has approved a share buyback plan on Thursday, May 7th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
Moonpig Group Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Moonpig Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Moonpig Group wasn't on the list.
While Moonpig Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
