Zeta Global Holdings Corp. (NYSE:ZETA) Given Consensus Rating of “Moderate Buy” by Analysts

Zeta Global Holdings Corp. (NYSE:ZETA) has received an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $29.00.

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Wednesday, January 21st. Wall Street Zen cut shares of Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. DA Davidson upped their target price on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Morgan Stanley increased their price target on shares of Zeta Global from $23.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group lifted their price target on shares of Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th.

Zeta Global Stock Down 9.5%

Shares of NYSE:ZETA opened at $14.55 on Friday. The firm has a market capitalization of $3.55 billion, a P/E ratio of -96.96, a P/E/G ratio of 1.71 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.60. The stock has a 50 day moving average price of $17.71 and a 200-day moving average price of $18.86. Zeta Global has a 52-week low of $10.69 and a 52-week high of $24.90.

Institutional Trading of Zeta Global

Several hedge funds and other institutional investors have recently made changes to their positions in ZETA. Cornerstone Planning Group LLC increased its position in Zeta Global by 3,150.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after buying an additional 1,260 shares in the last quarter. DV Equities LLC purchased a new stake in shares of Zeta Global in the fourth quarter worth $29,000. Binnacle Investments Inc bought a new position in shares of Zeta Global during the third quarter valued at $30,000. United Community Bank bought a new position in shares of Zeta Global during the fourth quarter valued at $31,000. Finally, National Bank of Canada FI raised its position in shares of Zeta Global by 223.1% in the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,267 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.