Moonpig Group (LON:MOON) Given New GBX 267 Price Target at Canaccord Genuity Group

Moonpig Group (LON:MOON - Get Free Report) had its price target hoisted by investment analysts at Canaccord Genuity Group from GBX 254 ($3.19) to GBX 267 ($3.36) in a research note issued on Monday, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Canaccord Genuity Group's price objective points to a potential upside of 18.14% from the stock's current price.

Several other equities research analysts also recently weighed in on the stock. Shore Capital reissued a "not rated" rating on shares of Moonpig Group in a research note on Tuesday, December 10th. Canaccord Genuity Group upped their price target on shares of Moonpig Group from GBX 254 ($3.19) to GBX 267 ($3.36) and gave the company a "buy" rating in a report on Monday. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Moonpig Group presently has a consensus rating of "Buy" and an average target price of GBX 259.80 ($3.27).

Moonpig Group Trading Down 1.3 %

LON:MOON traded down GBX 3 ($0.04) during midday trading on Monday, hitting GBX 226 ($2.84). 2,163,550 shares of the company traded hands, compared to its average volume of 1,167,322. The firm has a market capitalization of £779.47 million, a P/E ratio of 2,260.00 and a beta of 1.24. The firm's fifty day moving average is GBX 244.71 and its 200-day moving average is GBX 212.22. Moonpig Group has a 12-month low of GBX 148.20 ($1.86) and a 12-month high of GBX 277.50 ($3.49). 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.

Insider Buying and Selling at Moonpig Group

In other news, insider Nickyl Raithatha sold 1,000,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of GBX 247 ($3.11), for a total transaction of £2,470,000 ($3,105,355.80). 4.31% of the stock is currently owned by corporate insiders.

Moonpig Group Company Profile

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.