Moonpig Group PLC (LON:MOON) Receives Consensus Rating of “Buy” from Brokerages

Moonpig Group PLC (LON:MOON) has been given a consensus rating of “Buy” by the five research firms that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 259.80 ($3.18).

A number of equities research analysts have commented on MOON shares. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th. Canaccord Genuity Group boosted their price objective on shares of Moonpig Group from GBX 254 ($3.11) to GBX 267 ($3.27) and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, Canaccord Genuity Group boosted their price objective on shares of Moonpig Group from GBX 254 ($3.11) to GBX 267 ($3.27) and gave the company a “buy” rating in a research report on Monday, December 16th.

Moonpig Group Stock Performance

LON:MOON opened at GBX 210 ($2.57) on Friday. 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. Moonpig Group has a 12 month low of GBX 148.20 ($1.81) and a 12 month high of GBX 277.50 ($3.40). The company has a market cap of £724.29 million, a PE ratio of 2,100.00 and a beta of 1.24. The company has a 50 day simple moving average of GBX 233.09 and a two-hundred day simple moving average of GBX 219.31.

Moonpig Group Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, February 20th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 0.37%. The ex-dividend date of this dividend is Thursday, February 20th.

Insider Buying and Selling

In related news, insider Nickyl Raithatha sold 1,000,000 shares of the company’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.02), for a total value of £2,470,000 ($3,022,146.09). 4.31% of the stock is currently owned by insiders.

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.