Zpg Plc’s (ZPG) “Buy” Rating Reaffirmed at Liberum Capital
Liberum Capital reiterated their buy rating on shares of Zpg Plc (LON:ZPG) in a research note issued to investors on Wednesday morning. Liberum Capital currently has a GBX 450 ($5.92) price objective on the stock.
A number of other research firms have also issued reports on ZPG. Numis Securities Ltd reiterated an add rating and issued a GBX 425 ($5.59) target price on shares of Zpg Plc in a research note on Thursday, September 7th. Deutsche Bank AG reiterated a hold rating and issued a GBX 340 ($4.47) target price on shares of Zpg Plc in a research note on Tuesday, October 24th. Peel Hunt increased their target price on Zpg Plc from GBX 390 ($5.13) to GBX 400 ($5.26) and gave the company an add rating in a research note on Monday, September 18th. Credit Suisse Group increased their target price on Zpg Plc from GBX 440 ($5.79) to GBX 460 ($6.05) and gave the company an outperform rating in a research note on Thursday, September 7th. Finally, Shore Capital reiterated a buy rating on shares of Zpg Plc in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 406.46 ($5.35).
Zpg Plc (LON ZPG) traded down GBX 8.40 ($0.11) during mid-day trading on Wednesday, hitting GBX 341.50 ($4.49). The stock had a trading volume of 713,042 shares, compared to its average volume of 646,365. Zpg Plc has a fifty-two week low of GBX 273.83 ($3.60) and a fifty-two week high of GBX 401.20 ($5.28).
In other Zpg Plc news, insider Alex Chesterman sold 4,250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.77), for a total transaction of £15,427,500 ($20,291,332.37). In the last 90 days, insiders have acquired 125 shares of company stock valued at $45,021.
Zpg Plc Company Profile
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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