ZPG (ZPG) Receives “Buy” Rating from Peel Hunt

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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About ZPG

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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