ZPG (LON:ZPG)‘s stock had its “overweight” rating restated by investment analysts at Barclays in a research report issued to clients and investors on Thursday. They presently have a GBX 420 ($5.62) price objective on the stock, down from their previous price objective of GBX 430 ($5.76). Barclays’ target price would indicate a potential upside of 27.04% from the stock’s current price.

Other research analysts have also recently issued research reports about the company. Shore Capital reaffirmed a “buy” rating on shares of ZPG in a research report on Wednesday, August 16th. Liberum Capital reissued a “buy” rating and issued a GBX 450 ($6.03) price objective on shares of ZPG in a research report on Wednesday, August 16th. Finally, Peel Hunt reissued an “add” rating and issued a GBX 390 ($5.22) price objective on shares of ZPG in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 396.12 ($5.30).

Shares of ZPG (ZPG) traded up GBX 7.70 ($0.10) during trading hours on Thursday, hitting 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 one year low of GBX 304.61 ($4.08) and a one year high of GBX 401.20 ($5.37).

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

In other ZPG news, insider Alex Chesterman sold 4,250,000 shares of the business’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.86), for a total value of £15,427,500 ($20,660,908.00). Over the last 90 days, insiders acquired 125 shares of company stock worth $45,021.

TRADEMARK VIOLATION WARNING: “Barclays Reiterates “Overweight” Rating for ZPG (ZPG)” was posted by Watch List News and is the property of of Watch List News. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://www.watchlistnews.com/barclays-reiterates-overweight-rating-for-zpg-zpg/1739212.html.

ZPG 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.

Analyst Recommendations for ZPG (LON:ZPG)

Receive News & Ratings for Zpg Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zpg Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.