Zpg Plc (ZPG) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Zpg Plc (LON:ZPG) in a research report sent to investors on Wednesday morning. Liberum Capital currently has a GBX 450 ($5.92) price objective on the stock.
Several other research analysts have also commented on ZPG. Credit Suisse Group reaffirmed an outperform rating and set a GBX 440 ($5.79) price target on shares of Zpg Plc in a research report on Wednesday, July 12th. Shore Capital reaffirmed a buy rating on shares of Zpg Plc in a research report on Tuesday, August 1st. Peel Hunt reaffirmed an add rating and set a GBX 390 ($5.13) price target on shares of Zpg Plc in a research report on Friday, August 4th. Numis Securities Ltd reaffirmed an add rating and set a GBX 425 ($5.59) price target on shares of Zpg Plc in a research report on Thursday, September 7th. Finally, Deutsche Bank AG lifted their price target on Zpg Plc from GBX 325 ($4.27) to GBX 340 ($4.47) and gave the stock a hold rating in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 406.46 ($5.35).
Zpg Plc (LON:ZPG) traded down GBX 1.44 ($0.02) on Wednesday, reaching GBX 340.06 ($4.47). The company’s stock had a trading volume of 721,387 shares, compared to its average volume of 718,158. Zpg Plc has a 52 week low of GBX 283.22 ($3.73) and a 52 week high of GBX 401.20 ($5.28).
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In related news, insider Alex Chesterman sold 4,250,000 shares of Zpg Plc stock in a transaction that occurred 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 90 days, insiders purchased 125 shares of company stock worth $45,021.
About Zpg Plc
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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