Moonpig Group (LON:MOON) Given Buy Rating at UBS Group

Key Points

• Moonpig Group's stock received a "buy" rating from UBS Group, with a target price of GBX 360, indicating a potential upside of 83.86% from its previous close.
• Currently, four research analysts have rated the stock as a Buy, while one has given it a Hold rating, with a consensus price target set at GBX 291.80.
• Insider selling activity was reported, with two insiders selling a combined total of 139,949 shares at an average price of GBX 215 on July 7th.

Moonpig Group (LON:MOON - Get Free Report)'s stock had its "buy" rating reissued by UBS Group in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. They presently have a GBX 360 price objective on the stock. UBS Group's target price would indicate a potential upside of 84.62% from the company's current price.

A number of other research firms also recently commented on MOON. Shore Capital reaffirmed a "not rated" rating on shares of Moonpig Group in a research report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft cut shares of Moonpig Group to a "hold" rating and decreased their price target for the stock from GBX 290 to GBX 235 in a research note on Friday, July 4th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 291.80.

Moonpig Group Stock Performance

Shares of LON MOON remained flat at GBX 195 during mid-day trading on Friday. 1,230,820 shares of the company were exchanged, compared to its average volume of 1,923,032. 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 stock has a 50-day simple moving average of GBX 211.93 and a 200 day simple moving average of GBX 222.72. The stock has a market cap of £632.99 million, a PE ratio of -6,093.75 and a beta of 1.24. Moonpig Group has a 1 year low of GBX 188.40 and a 1 year high of GBX 277.50.

Insider Buying and Selling at Moonpig Group

In other news, insider Andy MacKinnon sold 51,999 shares of the firm's 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 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. 2.35% of the stock is currently owned by company insiders.

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.