Moonpig Group PLC (LON:MOON) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Moonpig Group PLC has received a consensus recommendation of "Moderate Buy" from six research firms, with five analysts issuing buy ratings and one a hold rating.
• The average one-year price target for Moonpig Group among brokerages is GBX 300.33, with individual target prices ranging from GBX 235 to GBX 360.
• Recent insider transactions included the sales of shares by two insiders at an average price of GBX 215, amounting to over £300,000 combined.

Moonpig Group PLC (LON:MOON - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 300.33.

A number of equities analysts have recently issued reports on MOON shares. Deutsche Bank Aktiengesellschaft downgraded shares of Moonpig Group to a "hold" rating and dropped their price objective for the company from GBX 290 to GBX 235 in a research note on Friday, July 4th. 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. Shore Capital reissued a "not rated" rating on shares of Moonpig Group in a research report on Thursday, June 26th. Peel Hunt reissued a "buy" rating and set a GBX 300 target price on shares of Moonpig Group in a research report on Thursday, September 18th. Finally, UBS Group reissued a "buy" rating and set a GBX 360 target price on shares of Moonpig Group in a research report on Friday, September 5th.

Insider Buying and Selling

In related news, insider Andy MacKinnon sold 51,999 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of GBX 215, for a total transaction of £111,797.85. Also, insider Nickyl Raithatha sold 87,950 shares of the firm's stock in a transaction on Monday, July 7th. The stock was 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 Price Performance

LON MOON opened at GBX 222.50 on Tuesday. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24. The firm's 50 day moving average price is GBX 207.92 and its 200-day moving average price is GBX 222.37. Moonpig Group has a 52-week low of GBX 188.40 and a 52-week high of GBX 277.50. The company has a market cap of £722.26 million, a PE ratio of -6,953.22 and a beta of 1.24.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.