A number of other research firms also recently weighed in on ZPG. Peel Hunt reaffirmed an add rating and set a GBX 390 ($5.13) price target on shares of ZPG in a research note on Friday, September 1st. Liberum Capital reaffirmed a buy rating and set a GBX 450 ($5.92) price target on shares of ZPG in a research note on Thursday, September 7th. Numis Securities Ltd reaffirmed an add rating and set a GBX 425 ($5.59) price target on shares of ZPG in a research note on Thursday, September 7th. Deutsche Bank AG increased their price target on shares of ZPG from GBX 325 ($4.27) to GBX 340 ($4.47) and gave the stock a hold rating in a research note on Friday, September 8th. Finally, Macquarie raised shares of ZPG to an outperform rating and increased their price target for the stock from GBX 372 ($4.89) to GBX 411 ($5.41) in a research note on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 396.12 ($5.21).
ZPG (ZPG) opened at GBX 347.20 ($4.57) on Thursday. ZPG has a one year low of GBX 304.61 ($4.01) and a one year high of GBX 401.20 ($5.28).
In related news, insider Alex Chesterman sold 4,250,000 shares of the firm’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of GBX 363 ($4.77), for a total transaction of £15,427,500 ($20,291,332.37). Over the last ninety days, insiders have purchased 125 shares of company stock valued at $45,021.
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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.
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