Numis Securities reissued their add rating on shares of ZPG (LON:ZPG) in a research note released on Wednesday. The firm currently has a GBX 425 ($5.69) price objective on the stock.

A number of other research firms have also recently weighed in on ZPG. Liberum Capital restated a buy rating and issued a GBX 450 ($6.03) price target on shares of ZPG in a research note on Tuesday, August 8th. Deutsche Bank restated a hold rating and issued a GBX 340 ($4.55) price target on shares of ZPG in a research note on Tuesday, October 24th. Peel Hunt increased their price target on ZPG from GBX 390 ($5.22) to GBX 400 ($5.36) and gave the company an add rating in a research note on Monday, September 18th. Shore Capital reiterated a buy rating on shares of ZPG in a research report on Wednesday, November 15th. Finally, Credit Suisse Group increased their price objective on ZPG from GBX 440 ($5.89) to GBX 460 ($6.16) and gave the stock an outperform rating in a research report on Thursday, September 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 396.12 ($5.30).

ZPG (LON ZPG) traded up GBX 7.70 ($0.10) on Wednesday, reaching GBX 330.60 ($4.43). The company had a trading volume of 1,018,051 shares, compared to its average volume of 783,648. ZPG has a twelve month low of GBX 304.61 ($4.08) and a twelve month high of GBX 401.20 ($5.37).

ZPG (LON:ZPG) last posted its quarterly earnings results on Wednesday, November 29th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 14.30 ($0.19) by GBX 0.90 ($0.01). ZPG had a return on equity of 18.48% and a net margin of 14.35%. The business had revenue of £244.54 million for the quarter.

In other news, insider Alex Chesterman sold 4,250,000 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.86), for a total transaction of £15,427,500 ($20,660,908.00). Over the last three months, insiders have bought 125 shares of company stock worth $45,021.

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About ZPG

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.

Analyst Recommendations for ZPG (LON:ZPG)

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