Moonpig Group’s (MOON) “Buy” Rating Reaffirmed at Berenberg Bank

Moonpig Group (LON:MOONGet Rating)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued on Thursday, Marketbeat reports. They presently have a GBX 390 ($4.71) price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 115.47% from the company’s previous close.

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Moonpig Group in a report on Tuesday, June 21st.

Moonpig Group Stock Performance

Shares of LON MOON opened at GBX 181 ($2.19) on Thursday. The company has a market cap of £619.22 million and a PE ratio of 2,011.11. Moonpig Group has a 12 month low of GBX 166.90 ($2.02) and a 12 month high of GBX 400 ($4.83). The company has a debt-to-equity ratio of 96.66, a current ratio of 2.34 and a quick ratio of 2.10. The company has a 50-day simple moving average of GBX 197.95 and a 200-day simple moving average of GBX 214.50.

Insider Buying and Selling

In related news, insider David W. Keens bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, July 15th. The shares were acquired at an average cost of GBX 187 ($2.26) per share, with a total value of ¬£18,700 ($22,595.46).

About Moonpig Group

(Get Rating)

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

Further Reading

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