Peel Hunt Reaffirms Add Rating for Zpg Plc (ZPG)

Zpg Plc (LON:ZPG)‘s stock had its “add” rating reiterated by equities research analysts at Peel Hunt in a research note issued to investors on Thursday. They currently have a GBX 400 ($5.31) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 8.93% from the stock’s previous close.

Other analysts have also issued research reports about the company. Numis Securities Ltd reissued an “add” rating and set a GBX 425 ($5.64) price target on shares of Zpg Plc in a report on Thursday, September 7th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 450 ($5.97) price objective on shares of Zpg Plc in a research note on Thursday, September 7th. Shore Capital reaffirmed a “buy” rating on shares of Zpg Plc in a research note on Wednesday, August 16th. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 483 ($6.41) price objective on shares of Zpg Plc in a research note on Friday, June 23rd. Finally, Panmure Gordon reaffirmed a “hold” rating and issued a GBX 350 ($4.64) price objective 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 company currently has an average rating of “Hold” and an average price target of GBX 406.46 ($5.39).

Zpg Plc (ZPG) opened at 365.20 on Thursday. The company’s market cap is GBX 1.54 billion. Zpg Plc has a 52 week low of GBX 273.83 and a 52 week high of GBX 401.20. The firm has a 50-day moving average price of GBX 358.01 and a 200 day moving average price of GBX 363.08.

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In related news, insider Alex Chesterman sold 4,250,000 shares of the stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.81), for a total transaction of £15,427,500 ($20,463,589.34). Over the last three months, 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.

Analyst Recommendations for Zpg Plc (LON:ZPG)

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