Zpg Plc (ZPG) Rating Reiterated by Peel Hunt
Zpg Plc (LON:ZPG)‘s stock had its “add” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Thursday. They currently have a GBX 390 ($5.04) target price on the stock. Peel Hunt’s target price indicates a potential upside of 5.55% from the company’s previous close.
A number of other brokerages have also recently weighed in on ZPG. Jefferies Group LLC reiterated 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. Credit Suisse Group reiterated an “outperform” rating on shares of Zpg Plc in a research note on Friday, July 21st. Barclays PLC reiterated an “overweight” rating on shares of Zpg Plc in a research note on Thursday, May 25th. Liberum Capital reiterated a “buy” rating and issued a GBX 450 ($5.81) price objective on shares of Zpg Plc in a research note on Thursday, July 6th. Finally, Panmure Gordon reiterated a “hold” rating and issued a GBX 350 ($4.52) price objective on shares of Zpg Plc in a research note on Tuesday, July 4th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 401.85 ($5.19).
Shares of Zpg Plc (LON ZPG) traded up 2.10% during midday trading on Thursday, hitting GBX 369.50. 587,627 shares of the stock were exchanged. The company’s market cap is GBX 1.55 billion. The firm has a 50 day moving average of GBX 356.06 and a 200-day moving average of GBX 365.99. Zpg Plc has a one year low of GBX 273.83 and a one year high of GBX 401.20.
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In related news, insider Alex Chesterman sold 4,250,000 shares of the company’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.69), for a total transaction of £15,427,500 ($19,924,447.89).
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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