Zpg Plc (ZPG) Receives “Add” Rating from Peel Hunt
Zpg Plc (LON:ZPG)‘s stock had its “add” rating reissued by equities researchers at Peel Hunt in a note issued to investors on Thursday. They presently have a GBX 400 ($5.31) target price on the stock. Peel Hunt’s price target indicates a potential upside of 12.23% from the stock’s previous close.
Several other research analysts have also issued reports on ZPG. Liberum Capital reaffirmed a “buy” rating and set a GBX 450 ($5.98) target price on shares of Zpg Plc in a research report on Tuesday, August 8th. Shore Capital reaffirmed a “buy” rating on shares of Zpg Plc in a research report on Wednesday, August 16th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 425 ($5.65) target price on shares of Zpg Plc in a research report on Thursday, September 7th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 440 ($5.85) target price on shares of Zpg Plc in a research report on Wednesday, July 12th. Finally, Macquarie raised Zpg Plc to an “outperform” rating and upped their target price for the company from GBX 372 ($4.94) to GBX 411 ($5.46) in a research report on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 406.46 ($5.40).
Zpg Plc (LON:ZPG) traded down 0.06% during midday trading on Thursday, reaching GBX 356.40. The company had a trading volume of 375,566 shares. The firm has a 50-day moving average of GBX 361.97 and a 200 day moving average of GBX 362.55. The company’s market capitalization is GBX 1.50 billion. Zpg Plc has a 1-year low of GBX 273.83 and a 1-year high of GBX 401.20.
WARNING: This news story was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/10/22/zpg-plc-zpg-receives-add-rating-from-peel-hunt-2.html.
In other news, insider Alex Chesterman sold 4,250,000 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.82), for a total value of £15,427,500 ($20,498,937.02). Insiders bought 124 shares of company stock worth $44,965 over the last three months.
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, PrimeLocation and Hometrack. 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.
Receive News & Ratings for Zpg Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zpg Plc and related companies with MarketBeat.com's FREE daily email newsletter.