DA Davidson Issues Positive Forecast for Zeta Global (NYSE:ZETA) Stock Price

Zeta Global (NYSE:ZETAFree Report) had its target price raised by DA Davidson from $29.00 to $30.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research analysts have also weighed in on ZETA. The Goldman Sachs Group raised their target price on shares of Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. Needham & Company LLC reiterated a “buy” rating on shares of Zeta Global in a research report on Tuesday, November 25th. UBS Group set a $29.00 target price on shares of Zeta Global in a report on Tuesday, November 25th. Bank of America upped their target price on shares of Zeta Global from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.00.

Get Our Latest Analysis on ZETA

Zeta Global Price Performance

Shares of Zeta Global stock opened at $18.06 on Thursday. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.29. Zeta Global has a 12 month low of $10.69 and a 12 month high of $24.90. The stock has a 50 day moving average of $19.22 and a 200 day moving average of $19.07. The firm has a market cap of $4.35 billion, a PE ratio of -120.39, a PEG ratio of 1.84 and a beta of 1.26.

Insider Activity at Zeta Global

In related news, Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $19.34, for a total transaction of $251,226.60. Following the completion of the sale, the director directly owned 57,850 shares of the company’s stock, valued at approximately $1,118,819. This trade represents a 18.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 13.02% of the company’s stock.

Hedge Funds Weigh In On Zeta Global

Several hedge funds have recently bought and sold shares of ZETA. Cornerstone Planning Group LLC lifted its position in shares of Zeta Global by 3,150.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after purchasing an additional 1,260 shares during the last quarter. DV Equities LLC bought a new stake in Zeta Global during the 4th quarter valued at about $29,000. United Community Bank bought a new stake in Zeta Global during the 4th quarter valued at about $31,000. Binnacle Investments Inc purchased a new stake in Zeta Global in the 3rd quarter valued at about $30,000. Finally, Golden State Wealth Management LLC grew its stake in Zeta Global by 2,000.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 1,680 shares of the company’s stock worth $26,000 after acquiring an additional 1,600 shares in the last quarter. Institutional investors own 87.75% of the company’s stock.

Key Headlines Impacting Zeta Global

Here are the key news stories impacting Zeta Global this week:

About Zeta Global

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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.

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Analyst Recommendations for Zeta Global (NYSE:ZETA)

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