Moonpig Group (LON:MOON) Receives "Buy" Rating from Peel Hunt

Key Points

• Moonpig Group has received a "buy" rating from Peel Hunt, with a price target of GBX 300, indicating a potential upside of 39.86% from its current price.
• Multiple research analysts have reiterated buy ratings for Moonpig, but Deutsche Bank has downgraded its rating to "hold" with a lower price target of GBX 235.
• Insider transactions included the sale of almost 140,000 shares by insiders, with 2.35% of the stock owned by corporate insiders.

Moonpig Group (LON:MOON - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Peel Hunt in a research report issued on Thursday, Marketbeat reports. They currently have a GBX 300 price target on the stock. Peel Hunt's price objective points to a potential upside of 39.06% from the company's current price.

MOON has been the topic of a number of other research reports. Canaccord Genuity Group reissued a "buy" rating and set a GBX 310 target price on shares of Moonpig Group in a research report on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft cut shares of Moonpig Group to a "hold" rating and decreased their target price for the company from GBX 290 to GBX 235 in a research note on Friday, July 4th. UBS Group reissued a "buy" rating and issued a GBX 360 price target on shares of Moonpig Group in a report on Friday, September 5th. Finally, Shore Capital reaffirmed a "not rated" rating on shares of Moonpig Group in a report on Thursday, June 26th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Moonpig Group has a consensus rating of "Moderate Buy" and an average target price of GBX 300.33.

Moonpig Group Price Performance

MOON traded up GBX 2.73 during trading on Thursday, hitting GBX 215.73. 884,316 shares of the company traded hands, compared to its average volume of 2,059,230. The company has a market cap of £700.27 million, a PE ratio of -6,741.53 and a beta of 1.24. The stock's 50-day simple moving average is GBX 207.57 and its two-hundred day simple moving average is GBX 221.65. Moonpig Group has a 1 year low of GBX 188.40 and a 1 year high of GBX 277.50. 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.

Insider Transactions at Moonpig Group

In other Moonpig Group news, insider Andy MacKinnon sold 51,999 shares of Moonpig Group stock in a transaction on Monday, July 7th. The shares were sold at an average price of GBX 215, for a total value of £111,797.85. Also, insider Nickyl Raithatha sold 87,950 shares of the company's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of GBX 215, for a total transaction of £189,092.50. Corporate insiders own 2.35% of the company's stock.

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.