ZPG (ZPG) Given Add Rating at Peel Hunt

Peel Hunt restated their add rating on shares of ZPG (LON:ZPG) in a research note published on Monday. They currently have a GBX 400 ($5.38) price objective on the stock.

Other equities analysts have also recently issued reports about the company. Shore Capital reissued a buy rating on shares of ZPG in a report on Wednesday, August 16th. Credit Suisse Group lifted their price target on ZPG from GBX 440 ($5.92) to GBX 460 ($6.19) and gave the company an outperform rating in a research note on Thursday, September 7th. Liberum Capital reissued a buy rating and issued a GBX 450 ($6.06) price target on shares of ZPG in a research note on Wednesday, August 30th. Numis Securities reissued an add rating and issued a GBX 425 ($5.72) price target on shares of ZPG in a research note on Wednesday, November 29th. Finally, Barclays reissued an overweight rating and issued a GBX 420 ($5.65) price target (down previously from GBX 430 ($5.79)) on shares of ZPG in a research note on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 396.12 ($5.33).

ZPG (LON ZPG) traded up GBX 0.80 ($0.01) during trading hours on Monday, reaching GBX 336.90 ($4.53). 624,805 shares of the company traded hands, compared to its average volume of 834,416. ZPG has a 1-year low of GBX 304.61 ($4.10) and a 1-year high of GBX 401.20 ($5.40).

ZPG (LON:ZPG) last posted its quarterly earnings results on Wednesday, November 29th. The company reported GBX 15.20 ($0.20) EPS for the quarter, beating the consensus estimate of GBX 14.30 ($0.19) by GBX 0.90 ($0.01). ZPG had a return on equity of 18.48% and a net margin of 14.35%. The firm had revenue of £244.54 million during the quarter.

The business also recently announced a dividend, which will be paid on Thursday, February 8th. Investors of record on Thursday, December 7th will be given a GBX 3.80 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 1.15%. This is an increase from ZPG’s previous dividend of $1.90.

In related news, insider Alex Chesterman sold 4,250,000 shares of ZPG stock in a transaction dated Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.89), for a total transaction of £15,427,500 ($20,763,795.42). Insiders have purchased 125 shares of company stock valued at $45,021 in the last quarter.

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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.

Analyst Recommendations for ZPG (LON:ZPG)

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