Barclays Reiterates “Overweight” Rating for ZPG (ZPLA)
ZPG (LON:ZPLA)‘s stock had its “overweight” rating reaffirmed by Barclays in a research report issued on Thursday, StockTargetPrices.com reports. They currently have a GBX 420 ($5.62) price target on the stock. Barclays’ target price would indicate a potential upside of 30.15% from the stock’s current price.
ZPLA has been the topic of a number of other research reports. Jefferies Group reiterated a “buy” rating and issued a GBX 542 ($7.26) price objective on shares of ZPG in a report on Monday. Shore Capital restated a “buy” rating on shares of ZPG in a research note on Wednesday. Numis Securities restated an “add” rating and issued a GBX 425 ($5.69) target price on shares of ZPG in a research note on Wednesday. Liberum Capital restated a “buy” rating and issued a GBX 450 ($6.03) target price on shares of ZPG in a research note on Wednesday. Finally, Peel Hunt restated an “add” rating and issued a GBX 400 ($5.36) target price on shares of ZPG in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 429.50 ($5.75).
Shares of ZPG (LON:ZPLA) traded up GBX 1.01 ($0.01) during mid-day trading on Thursday, reaching GBX 322.71 ($4.32). 1,430,000 shares of the company’s stock were exchanged, compared to its average volume of 783,648. ZPG has a 52-week low of GBX 304.61 ($4.08) and a 52-week high of GBX 401.20 ($5.37).
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