Moonpig Group’s (MOON) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Moonpig Group (LON:MOON) in a research note released on Friday, Marketbeat reports. Jefferies Financial Group currently has a GBX 315 price objective on the stock.

A number of other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. lifted their target price on Moonpig Group from GBX 275 to GBX 285 and gave the stock an “overweight” rating in a research note on Thursday. Peel Hunt restated a “buy” rating and set a GBX 300 price target on shares of Moonpig Group in a research report on Tuesday, December 9th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Moonpig Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 305.

Moonpig Group Stock Down 1.6%

MOON stock opened at GBX 212.50 on Friday. The stock has a market cap of £658.23 million, a P/E ratio of 15.40 and a beta of 1.08. The company has a current ratio of 0.30, a quick ratio of 0.46 and a debt-to-equity ratio of -271.84. The stock’s fifty day simple moving average is GBX 212.89 and its two-hundred day simple moving average is GBX 210.89. Moonpig Group has a 1-year low of GBX 190.20 and a 1-year high of GBX 262.50.

Moonpig Group Company Profile

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.