Zpg Plc (ZPG) Receives “Buy” Rating from Shore Capital
Zpg Plc (LON:ZPG)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a research note issued on Thursday.
A number of other research firms have also recently commented on ZPG. Liberum Capital restated a “buy” rating and issued a GBX 450 ($5.92) price objective on shares of Zpg Plc in a research report on Tuesday, August 8th. Numis Securities Ltd restated an “add” rating and issued a GBX 425 ($5.59) price objective on shares of Zpg Plc in a research report on Thursday, September 7th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 340 ($4.47) price target on shares of Zpg Plc in a research report on Tuesday, October 24th. Peel Hunt boosted their price target on Zpg Plc from GBX 390 ($5.13) to GBX 400 ($5.26) and gave the stock an “add” rating in a research report on Monday, September 18th. Finally, Credit Suisse Group boosted their price target on Zpg Plc from GBX 440 ($5.79) to GBX 460 ($6.05) and gave the stock an “outperform” rating in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company. Zpg Plc has an average rating of “Hold” and a consensus price target of GBX 396.12 ($5.21).
Shares of Zpg Plc (LON ZPG) opened at GBX 349.20 ($4.59) on Thursday. Zpg Plc has a 12-month low of GBX 304.61 ($4.01) and a 12-month high of GBX 401.20 ($5.28).
In other 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 ($4.77), for a total value of £15,427,500 ($20,291,332.37). In the last ninety days, insiders bought 125 shares of company stock worth $45,021.
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.
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