Peel Hunt reissued their add rating on shares of ZPG (LON:ZPG) in a report released on Monday morning. They currently have a GBX 400 ($5.38) target price on the stock.
Other equities analysts have also issued research reports about the company. Numis Securities reiterated an add rating and issued a GBX 425 ($5.72) price target on shares of ZPG in a research note on Thursday, September 7th. Liberum Capital reiterated a buy rating and issued a GBX 450 ($6.06) price target on shares of ZPG in a research note on Thursday, September 7th. Shore Capital reiterated a buy rating on shares of ZPG in a research note on Wednesday, August 16th. Finally, Jefferies Group reiterated a buy rating and issued a GBX 542 ($7.29) price target on shares of ZPG in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 396.12 ($5.33).
ZPG (LON ZPG) opened at GBX 329.60 ($4.44) on Monday. ZPG has a fifty-two week low of GBX 304.61 ($4.10) and a fifty-two week high of GBX 401.20 ($5.40).
ZPG (LON:ZPG) last announced its quarterly earnings data on Wednesday, November 29th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 14.30 ($0.19) by GBX 0.90 ($0.01). The firm had revenue of £244.54 million during the quarter. ZPG had a return on equity of 17.67% and a net margin of 16.18%.
The company also recently declared a dividend, which will be paid on Thursday, February 8th. Investors of record on Thursday, December 7th will be paid a dividend of GBX 3.80 ($0.05) per share. This is an increase from ZPG’s previous dividend of $1.90. This represents a yield of 1.15%. The ex-dividend date is Thursday, December 7th.
In related news, insider Alex Chesterman sold 4,250,000 shares of the company’s stock in a transaction that occurred on 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).
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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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