ZPG (LON:ZPG) Stock Rating Reaffirmed by Peel Hunt

ZPG (LON:ZPG)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued to clients and investors on Friday, January 12th. They currently have a GBX 400 ($5.62) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 19.55% from the stock’s previous close.

A number of other equities analysts also recently issued reports on ZPG. Deutsche Bank reissued a “hold” rating and set a GBX 340 ($4.77) price target on shares of ZPG in a research report on Thursday, November 30th. Jefferies Group reaffirmed a “buy” rating and set a GBX 542 ($7.61) price objective on shares of ZPG in a research report on Monday, November 27th. Shore Capital reaffirmed a “buy” rating on shares of ZPG in a research report on Wednesday, November 15th. Liberum Capital reiterated a “buy” rating and issued a GBX 450 ($6.32) price target on shares of ZPG in a research note on Friday, November 24th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 410 ($5.76) price target on shares of ZPG in a research note on Monday, November 20th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 414.08 ($5.81).

ZPG (LON:ZPG) opened at GBX 334.60 ($4.70) on Friday. The stock has a market capitalization of $1,490.00 and a P/E ratio of 3,717.78. ZPG has a 52 week low of GBX 313.60 ($4.40) and a 52 week high of GBX 401.20 ($5.63).

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 Thomson Reuters’ consensus estimate of GBX 14.30 ($0.20) by GBX 0.90 ($0.01). The business 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%.

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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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