Moonpig Group (LON:MOON) Lowered to Hold Rating by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft lowered shares of Moonpig Group (LON:MOON) to a hold rating in a research note released on Friday morning, MarketBeat.com reports. The brokerage currently has GBX 235 ($3.21) price target on the stock, down from their previous price target of GBX 290 ($3.96).

Several other research firms have also recently issued reports on MOON. Berenberg Bank reiterated a “buy” rating and issued a GBX 330 ($4.50) price objective on shares of Moonpig Group in a report on Friday, May 2nd. Shore Capital reaffirmed a “not rated” rating on shares of Moonpig Group in a research note on Thursday, June 26th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 274.75 ($3.75).

Moonpig Group Stock Performance

Shares of MOON opened at GBX 221 ($3.02) on Friday. The firm has a 50-day moving average price of GBX 243.39 and a 200 day moving average price of GBX 224.78. The firm has a market capitalization of £752.23 million, a PE ratio of 22.21 and a beta of 1.24. The company has a quick ratio of 0.46, a current ratio of 0.24 and a debt-to-equity ratio of 3,511.31. Moonpig Group has a 52-week low of GBX 182.30 ($2.49) and a 52-week high of GBX 277.50 ($3.79).

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.