Credit Suisse Group Increases Zpg Plc (ZPG) Price Target to GBX 460
Zpg Plc (LON:ZPG) had its price target upped by equities research analysts at Credit Suisse Group from GBX 440 ($5.68) to GBX 460 ($5.94) in a research note issued to investors on Thursday. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 29.72% from the stock’s previous close.
ZPG has been the subject of several other research reports. Liberum Capital reissued a “buy” rating and issued a GBX 450 ($5.81) price objective on shares of Zpg Plc in a research note on Wednesday, August 30th. Barclays PLC reissued an “overweight” rating on shares of Zpg Plc in a research note on Thursday, May 25th. Peel Hunt reissued an “add” rating and issued a GBX 390 ($5.04) price objective on shares of Zpg Plc in a research note on Friday, September 1st. Jefferies Group LLC reissued a “buy” rating and issued a GBX 483 ($6.24) price objective on shares of Zpg Plc in a research note on Friday, May 26th. Finally, Shore Capital reissued a “buy” rating on shares of Zpg Plc in a research note on Wednesday, May 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. Zpg Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 399.92 ($5.16).
Zpg Plc (ZPG) traded up 2.06% on Thursday, reaching GBX 361.90. 1,369,579 shares of the company traded hands. Zpg Plc has a 52-week low of GBX 273.83 and a 52-week high of GBX 401.20. The stock has a 50-day moving average of GBX 356.21 and a 200 day moving average of GBX 365.97. The company’s market capitalization is GBX 1.52 billion.
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About Zpg Plc
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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