Peel Hunt Reaffirms “Add” Rating for Zpg Plc (ZPG)

Peel Hunt restated their add rating on shares of Zpg Plc (LON:ZPG) in a research note published on Thursday morning. The brokerage currently has a GBX 400 ($5.31) price objective on the stock.

ZPG has been the topic of a number of other reports. Liberum Capital reaffirmed a buy rating and set a GBX 450 ($5.97) target price on shares of Zpg Plc in a research report on Wednesday, August 30th. Deutsche Bank AG boosted their price objective on Zpg Plc from GBX 325 ($4.31) to GBX 340 ($4.51) and gave the company a hold rating in a report on Friday, September 8th. Numis Securities Ltd reissued an add rating and issued a GBX 425 ($5.64) price objective on shares of Zpg Plc in a report on Thursday, September 7th. Macquarie raised Zpg Plc to an outperform rating and boosted their price objective for the company from GBX 372 ($4.93) to GBX 411 ($5.45) in a report on Tuesday, September 12th. Finally, Credit Suisse Group reissued an outperform rating and issued a GBX 440 ($5.84) price objective on shares of Zpg Plc in a report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 406.46 ($5.39).

Zpg Plc (LON:ZPG) opened at 361.30 on Thursday. The firm’s market capitalization is GBX 1.52 billion. Zpg Plc has a 52-week low of GBX 273.83 and a 52-week high of GBX 401.20. The stock’s 50 day moving average price is GBX 358.47 and its 200 day moving average price is GBX 363.09.

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In related news, insider Alex Chesterman sold 4,250,000 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.81), for a total value of £15,427,500 ($20,463,589.34).

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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