Zpg Plc (ZPG) Earns Buy Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Zpg Plc (LON:ZPG) in a research note released on Wednesday morning.

A number of other brokerages have also issued reports on ZPG. Liberum Capital restated a buy rating and issued a GBX 450 ($5.92) price target on shares of Zpg Plc in a research note on Wednesday, August 30th. Peel Hunt restated an add rating and issued a GBX 390 ($5.13) price target on shares of Zpg Plc in a research note on Friday, September 1st. Credit Suisse Group restated an outperform rating on shares of Zpg Plc in a research note on Friday, July 21st. Numis Securities Ltd restated an add rating and issued a GBX 425 ($5.59) price target on shares of Zpg Plc in a research note on Thursday, September 7th. Finally, Deutsche Bank AG lifted their price objective on shares of Zpg Plc from GBX 325 ($4.27) to GBX 340 ($4.47) and gave the stock a hold rating in a report on Friday, September 8th. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. Zpg Plc presently has a consensus rating of Hold and an average price target of GBX 395.25 ($5.20).

Shares of Zpg Plc (LON:ZPG) traded down GBX 0.20 ($0.00) during trading hours on Wednesday, hitting GBX 330.80 ($4.35). 508,578 shares of the company were exchanged, compared to its average volume of 772,372. Zpg Plc has a fifty-two week low of GBX 297.80 ($3.92) and a fifty-two week high of GBX 401.20 ($5.28).

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In other news, insider Alex Chesterman sold 4,250,000 shares of the business’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of GBX 363 ($4.77), for a total transaction of £15,427,500 ($20,291,332.37). In the last three months, insiders have bought 125 shares of company stock valued at $45,021.

Zpg Plc Company Profile

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 Plc (LON:ZPG)

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