Moonpig Group (LON:MOON) Given New GBX 285 Price Target at JPMorgan Chase & Co.

Moonpig Group (LON:MOON) had its price target increased by stock analysts at JPMorgan Chase & Co. from GBX 275 to GBX 285 in a research note issued to investors on Thursday,London Stock Exchange reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 31.94% from the stock’s previous close.

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 300 price target on shares of Moonpig Group in a research note on Tuesday, December 9th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 303.33.

Moonpig Group Price Performance

Shares of Moonpig Group stock traded down GBX 8 on Thursday, hitting GBX 216. The company had a trading volume of 19,966,955 shares, compared to its average volume of 2,313,437. Moonpig Group has a 52 week low of GBX 190.20 and a 52 week high of GBX 262.50. The company has a debt-to-equity ratio of -271.84, a current ratio of 0.30 and a quick ratio of 0.46. The company has a market cap of £669.07 million, a PE ratio of 15.65 and a beta of 1.08. The business has a 50-day simple moving average of GBX 212.71 and a 200-day simple moving average of GBX 210.51.

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.