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.
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