Zigup (LON:ZIG) Given New GBX 450 Price Target at Jefferies Financial Group

Zigup (LON:ZIG) had its target price increased by Jefferies Financial Group from GBX 410 to GBX 450 in a report issued on Thursday,Digital Look reports. Jefferies Financial Group currently has a hold rating on the stock.

A number of other equities analysts have also weighed in on ZIG. Berenberg Bank reiterated a “buy” rating and issued a GBX 550 price target on shares of Zigup in a research report on Friday, July 24th. Deutsche Bank upped their price objective on shares of Zigup from GBX 525 to GBX 575 and gave the company a “buy” rating in a research note on Thursday, October 15th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 525.

Zigup Stock Down 0.3%

Shares of ZIG stock opened at GBX 466 on Thursday. The stock has a 50-day simple moving average of GBX 445.23 and a 200 day simple moving average of GBX 431.88. The stock has a market capitalization of £1.05 billion, a P/E ratio of 14.16 and a beta of 1.04. Zigup has a fifty-two week low of GBX 328 and a fifty-two week high of GBX 490.

About Zigup

ZIGUP (formerly Redde Northgate plc) is the leading integrated mobility solutions provider, with a platform providing services across the vehicle lifecycle to help people keep on the move, smarter. The Company offers mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across a broad range of areas from vehicle rental and fleet management to accident management, vehicle repairs, service and maintenance. The mobility landscape is changing, becoming ever more connected and ZIGUP uses its knowledge and expertise to guide customers through the transformation, whether that is more digitally connected solutions or supporting the transition to lower carbon mobility through providing EVs, charging solutions and consultancy.