Zpg Plc (ZPLA) Price Target Raised to GBX 450 at Liberum Capital
Zpg Plc (LON:ZPLA) had its price objective hoisted by equities researchers at Liberum Capital from GBX 415 ($5.22) to GBX 450 ($5.66) in a report released on Friday, StockTargetPrices.com reports. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price target would suggest a potential upside of 18.72% from the company’s previous close.
Other analysts also recently issued research reports about the company. Macquarie cut their target price on Zpg Plc from GBX 375 ($4.72) to GBX 361 ($4.54) and set a “neutral” rating on the stock in a research note on Friday. BNP Paribas reaffirmed a “neutral” rating and set a GBX 370 ($4.66) target price on shares of Zpg Plc in a research note on Thursday, March 30th. Shore Capital reaffirmed a “buy” rating on shares of Zpg Plc in a research note on Thursday, January 5th. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 440 ($5.54) target price on shares of Zpg Plc in a research note on Wednesday. Finally, Panmure Gordon raised Zpg Plc to a “hold” rating and lifted their target price for the company from GBX 265 ($3.34) to GBX 350 ($4.41) in a research note on Tuesday, January 31st. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 371.13 ($4.67).
About Zpg Plc
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ZPG PLC, formerly Zoopla Property Group Plc, is a provider of digital media and lead generation platform that owns and operates digital consumer brands, including Zoopla, uSwitch and PrimeLocation. it has two divisions: Property Services and Comparison Services. The Property Services division includes the United Kingdom (UK) Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other Property Services, which represents overseas property advertising services, display advertising and data services.
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