Peel Hunt reaffirmed their buy rating on shares of ZPG (LON:ZPG) in a research note issued to investors on Friday. They currently have a GBX 400 ($5.42) price target on the stock.
Several other equities analysts also recently commented on ZPG. Deutsche Bank reaffirmed a hold rating and set a GBX 340 ($4.61) price objective on shares of ZPG in a research note on Tuesday, October 24th. Shore Capital reaffirmed a buy rating on shares of ZPG in a research note on Wednesday, November 29th. Liberum Capital reaffirmed a buy rating and set a GBX 450 ($6.10) price objective on shares of ZPG in a research note on Wednesday, November 8th. Jefferies Group reaffirmed a buy rating and set a GBX 542 ($7.35) price objective on shares of ZPG in a research note on Monday, November 27th. Finally, Royal Bank of Canada reaffirmed an outperform rating and set a GBX 410 ($5.56) price objective on shares of ZPG in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of GBX 400.25 ($5.43).
ZPG (ZPG) traded up GBX 6.40 ($0.09) during trading on Friday, reaching GBX 350 ($4.75). 513,912 shares of the company’s stock traded hands, compared to its average volume of 578,019. The company has a market capitalization of $1,540.00 and a P/E ratio of 3,888.89. ZPG has a 1-year low of GBX 313.60 ($4.25) and a 1-year high of GBX 401.20 ($5.44).
ZPG (LON:ZPG) last posted its quarterly earnings results on Wednesday, November 29th. The company reported GBX 15.20 ($0.21) earnings per share for the quarter, topping the consensus estimate of GBX 14.30 ($0.19) by GBX 0.90 ($0.01). The business had revenue of £244.54 million during the quarter. ZPG had a net margin of 16.18% and a return on equity of 17.67%.
The firm also recently disclosed a dividend, which will be paid on Thursday, February 8th. Shareholders of record on Thursday, December 7th will be issued a GBX 3.80 ($0.05) dividend. This represents a yield of 1.15%. The ex-dividend date is Thursday, December 7th. This is a boost from ZPG’s previous dividend of $1.90.
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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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