Brokerages Set Moonpig Group PLC (LON:MOON) PT at GBX 291.80

Key Points

• Moonpig Group PLC has received a consensus rating of "Moderate Buy" from five analysts, with one hold rating and four buy ratings.
• The average 12-month price target for the company is GBX 291.80, with targets ranging from GBX 235 to GBX 360.
• Insider activity includes significant share sales by Nickyl Raithatha and Andy MacKinnon, who sold shares at an average price of GBX 215.

Moonpig Group PLC (LON:MOON - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 291.80.

A number of analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of Moonpig Group to a "hold" rating and reduced 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 research report on Friday. Finally, Shore Capital reissued a "not rated" rating on shares of Moonpig Group in a research report on Thursday, June 26th.

Moonpig Group Stock Performance

LON MOON remained flat at GBX 195 during trading on Friday. 1,230,820 shares of the company's stock were exchanged, compared to its average volume of 1,923,032. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31. The company has a market capitalization of £632.99 million, a PE ratio of -6,093.75 and a beta of 1.24. The stock has a fifty day simple moving average of GBX 211.93 and a 200-day simple moving average of GBX 222.72. Moonpig Group has a 1 year low of GBX 188.40 and a 1 year high of GBX 277.50.

Insider Buying and Selling

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

About Moonpig Group

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.