Zpg Plc (ZPG) Receives “Add” Rating from Peel Hunt
Zpg Plc (LON:ZPG)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a research report issued on Thursday. They presently have a GBX 400 ($5.28) price target on the stock. Peel Hunt’s price target indicates a potential upside of 14.29% from the stock’s current price.
Several other equities analysts have also weighed in on ZPG. Jefferies Group LLC restated a “buy” rating and issued a GBX 483 ($6.37) price target on shares of Zpg Plc in a research note on Thursday, July 6th. Liberum Capital restated a “buy” rating and issued a GBX 450 ($5.94) price target on shares of Zpg Plc in a research note on Thursday, July 6th. Credit Suisse Group restated an “outperform” rating and issued a GBX 440 ($5.81) price target on shares of Zpg Plc in a research note on Wednesday, July 12th. Shore Capital restated a “buy” rating on shares of Zpg Plc in a research note on Tuesday, August 1st. Finally, Numis Securities Ltd restated an “add” rating and issued a GBX 425 ($5.61) price target on shares of Zpg Plc in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 406.46 ($5.36).
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In related news, insider Alex Chesterman sold 4,250,000 shares of Zpg Plc stock in a transaction dated Friday, September 8th. The stock was sold at an average price of GBX 363 ($4.79), for a total value of £15,427,500 ($20,358,273.95). Over the last quarter, insiders purchased 124 shares of company stock worth $44,965.
About Zpg Plc
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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