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.
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