Zpg Plc (ZPG) Earns Buy Rating from Liberum Capital
Zpg Plc (LON:ZPG)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a report issued on Thursday. They presently have a GBX 450 ($5.81) price target on the stock. Liberum Capital’s price target indicates a potential upside of 21.79% from the company’s current price.
Several other equities research analysts also recently weighed in on ZPG. Peel Hunt reissued an “add” rating and issued a GBX 390 ($5.04) target price on shares of Zpg Plc in a research report on Wednesday, May 24th. Shore Capital reissued a “buy” rating on shares of Zpg Plc in a research report on Wednesday, May 24th. Barclays PLC reissued an “overweight” rating on shares of Zpg Plc in a research report on Thursday, May 25th. Jefferies Group LLC reissued a “buy” rating and issued a GBX 483 ($6.24) target price on shares of Zpg Plc in a research report on Friday, May 26th. Finally, Panmure Gordon reissued a “hold” rating and issued a GBX 350 ($4.52) target price on shares of Zpg Plc in a research report on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 401.85 ($5.19).
Zpg Plc (LON ZPG) traded up 2.10% during mid-day trading on Thursday, hitting GBX 369.50. The company’s stock had a trading volume of 587,627 shares. The stock’s market cap is GBX 1.62 billion. Zpg Plc has a 52-week low of GBX 273.83 and a 52-week high of GBX 401.20. The company’s 50 day moving average is GBX 356.06 and its 200-day moving average is GBX 365.99.
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In other news, insider Alex Chesterman sold 4,250,000 shares of Zpg Plc stock in a transaction dated Friday, September 8th. The shares were sold at an average price of GBX 363 ($4.69), for a total value of £15,427,500 ($19,924,447.89).
Zpg Plc Company Profile
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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