UK's Moonpig rises as HSBC raises PT

Moonpig

04/04/2025 09:24

** Shares of British greeting card retailer Moonpig MOONM.L rise as much as 3.23% to 232p, highest since mid-December

** HSBC raises PT to 330p from 320p, matching Berenberg's Street-high target

** Co says it sees mid-teens percentage growth in adj. EPS over medium-term

** Co also intends to launch share buyback worth 60 million pounds ($78 million) in FY26

** Average recommendation of 11 analysts is a "buy", median PT is 300p - LSEG data

** Up to Thursday's close, stock up 6.65% so far this year

($1 = 0.7691 pounds)

(Reporting by Simone Lobo in Bengaluru)

((Simone.Lobo@thomsonreuters.com; +919920570373;))