Moonpig Group PLC (LSE:MOON) has rallied strongly following last month’s capital markets day and upbeat trading statement.
Investors will want evidence that the momentum is continuing in next week’s interims, says UBS, with the Swiss bank expecting 11% growth in the core gifts and cards arm to be offset slightly by Greetz and Experience.
UBS notes the shares are up 16% since the CMD, which included a maiden dividend and buyback, but says consensus forecasts for growth are still running well below its own 11% expectations for each of the next three years.