Moonpig Group PLC (LON:MOON) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Moonpig Group PLC (LON:MOON) have earned an average recommendation of “Buy” from the five brokerages that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 259.80 ($3.30).

Several research firms recently weighed in on MOON. Canaccord Genuity Group increased their price objective on shares of Moonpig Group from GBX 254 ($3.23) to GBX 267 ($3.39) and gave the stock a “buy” rating in a research note on Monday. Canaccord Genuity Group raised their price target on Moonpig Group from GBX 254 ($3.23) to GBX 267 ($3.39) and gave the stock a “buy” rating in a report on Monday. Finally, Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research report on Tuesday, December 10th.

Moonpig Group Stock Down 1.3 %

LON MOON traded down GBX 3 ($0.04) during trading hours on Wednesday, reaching GBX 226 ($2.87). 2,163,550 shares of the company traded hands, compared to its average volume of 1,167,322. The stock has a market capitalization of £779.47 million, a PE ratio of 2,260.00 and a beta of 1.24. 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 ($1.88) and a 12 month high of GBX 277.50 ($3.53). The company has a 50 day moving average of GBX 244.55 and a two-hundred day moving average of GBX 211.77.

Moonpig Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, February 20th will be paid 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 Transactions at Moonpig Group

In other Moonpig Group news, insider Nickyl Raithatha sold 1,000,000 shares of Moonpig Group stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.14), for a total transaction of £2,470,000 ($3,140,096.62). 4.31% of the stock is currently owned by insiders.

About Moonpig Group

Moonpig Group PLC, together with its subsidiaries, provides online greeting cards and gifts in the Netherlands and the United Kingdom. The company sells its products under the Moonpig, Buyagift, RedLetterdays, and Greetz brands through website and mobile app. Moonpig Group PLC was founded in 2000 and is headquartered in London, the United Kingdom.