Canaccord Genuity Group Issues Positive Forecast for Moonpig Group (LON:MOON) Stock Price

Moonpig Group (LON:MOON - Free Report) had its price target upped by Canaccord Genuity Group from GBX 254 ($3.22) to GBX 267 ($3.39) in a research report report published on Monday morning, Marketbeat reports. They currently have a buy rating on the stock.

Separately, Shore Capital reiterated a "not rated" rating on shares of Moonpig Group in a report on Tuesday, December 10th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of GBX 258 ($3.27).

Moonpig Group Stock Up 2.5 %

Shares of LON MOON traded up GBX 5.50 ($0.07) during mid-day trading on Monday, reaching GBX 228 ($2.89). The company had a trading volume of 995,041 shares, compared to its average volume of 1,157,452. The stock has a fifty day moving average of GBX 244.26 and a two-hundred day moving average of GBX 211.26. Moonpig Group has a 12-month low of GBX 148.20 ($1.88) and a 12-month high of GBX 277.50 ($3.52). The company has a market capitalization of £786.37 million, a price-to-earnings ratio of 2,280.00 and a beta of 1.24. The company has a debt-to-equity ratio of 3,511.31, a quick ratio of 0.46 and a current ratio of 0.24.

Moonpig Group Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 20th. Shareholders 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 Transactions at Moonpig Group

In other Moonpig Group news, insider Nickyl Raithatha sold 1,000,000 shares of the stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of GBX 247 ($3.13), for a total transaction of £2,470,000 ($3,133,722.41). 4.31% of the stock is owned by 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.