Moonpig Group (LON:MOON) Price Target Raised to GBX 285

Moonpig Group (LON:MOON) had its price target upped by JPMorgan Chase & Co. from GBX 275 to GBX 285 in a research report report published on Thursday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 300 price objective on shares of Moonpig Group in a research report on Tuesday, December 9th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Moonpig Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 305.

Moonpig Group Stock Down 1.6%

Moonpig Group stock opened at GBX 212.50 on Thursday. The company has a 50-day simple moving average of GBX 212.89 and a 200-day simple moving average of GBX 210.76. The firm has a market capitalization of £658.23 million, a P/E ratio of 15.40 and a beta of 1.08. The company has a debt-to-equity ratio of -271.84, a quick ratio of 0.46 and a current ratio of 0.30. Moonpig Group has a one year low of GBX 190.20 and a one year high of GBX 262.50.

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. The Moonpig brand also operates in Ireland, Australia and the United States.

The Group’s leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.