Zpg Plc (ZPG) Stock Rating Reaffirmed by Jefferies Group LLC
Zpg Plc (LON:ZPG)‘s stock had its “buy” rating restated by Jefferies Group LLC in a research note issued to investors on Tuesday. They presently have a GBX 542 ($7.13) price objective on the stock. Jefferies Group LLC’s price objective points to a potential upside of 62.91% from the stock’s previous close.
A number of other equities analysts also recently weighed in on ZPG. Credit Suisse Group reiterated an “outperform” rating on shares of Zpg Plc in a report on Friday, July 21st. Shore Capital restated a “buy” rating on shares of Zpg Plc in a report on Tuesday, August 1st. Peel Hunt restated an “add” rating and issued a GBX 390 ($5.13) price objective on shares of Zpg Plc in a report on Friday, August 4th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 450 ($5.92) price objective on shares of Zpg Plc in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 395.25 ($5.20).
Zpg Plc (LON:ZPG) opened at GBX 332.70 ($4.38) on Tuesday. Zpg Plc has a twelve month low of GBX 283.22 ($3.73) and a twelve month high of GBX 401.20 ($5.28).
In related news, insider Alex Chesterman sold 4,250,000 shares of the firm’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.77), for a total value of £15,427,500 ($20,291,332.37). Over the last ninety days, insiders purchased 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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