Zpg Plc (ZPG) Price Target Increased to GBX 460 by Analysts at Credit Suisse Group

Zpg Plc (LON:ZPG) had its target price raised by Credit Suisse Group from GBX 440 ($5.68) to GBX 460 ($5.94) in a report issued on Thursday, September 7th. The brokerage currently has an “outperform” rating on the stock. Credit Suisse Group’s target price indicates a potential upside of 25.65% from the stock’s current price.

A number of other research firms also recently weighed in on ZPG. Numis Securities Ltd restated an “add” rating and issued a GBX 425 ($5.49) price target on shares of Zpg Plc in a research note on Thursday, September 7th. Jefferies Group LLC restated a “buy” rating and issued a GBX 483 ($6.24) price target on shares of Zpg Plc in a research note on Friday, June 23rd. Peel Hunt restated an “add” rating and issued a GBX 390 ($5.04) price target on shares of Zpg Plc in a research note on Wednesday, May 24th. Liberum Capital restated a “buy” rating and issued a GBX 450 ($5.81) price target on shares of Zpg Plc in a research note on Thursday, September 7th. Finally, Panmure Gordon restated a “hold” rating and issued a GBX 350 ($4.52) price target on shares of Zpg Plc in a research note on Tuesday, July 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 405.69 ($5.24).

Zpg Plc (LON:ZPG) opened at 366.10 on Thursday. The stock’s 50 day moving average price is GBX 355.90 and its 200 day moving average price is GBX 365.35. Zpg Plc has a 52 week low of GBX 273.83 and a 52 week high of GBX 401.20. The firm’s market capitalization is GBX 1.54 billion.

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In related news, insider Alex Chesterman sold 4,250,000 shares of Zpg Plc stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.69), for a total transaction of £15,427,500 ($19,924,447.89). Over the last ninety days, insiders have purchased 125 shares of company stock valued at $45,329.

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.

Analyst Recommendations for Zpg Plc (LON:ZPG)

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