Zpg Plc (ZPG) Price Target Increased to GBX 400 by Analysts at Peel Hunt

Zpg Plc (LON:ZPG) had its price objective increased by Peel Hunt from GBX 390 ($5.26) to GBX 400 ($5.39) in a report released on Monday morning. Peel Hunt currently has an add rating on the stock.

A number of other brokerages have also recently commented on ZPG. Numis Securities Ltd reiterated an add rating and issued a GBX 425 ($5.73) target price on shares of Zpg Plc in a research report on Thursday, September 7th. Jefferies Group LLC reiterated a buy rating and issued a GBX 483 ($6.51) target price on shares of Zpg Plc in a research report on Friday, June 23rd. Credit Suisse Group increased their target price on shares of Zpg Plc from GBX 440 ($5.93) to GBX 460 ($6.20) and gave the company an outperform rating in a research report on Thursday, September 7th. Liberum Capital reiterated a buy rating and issued a GBX 450 ($6.07) target price on shares of Zpg Plc in a research report on Thursday, September 7th. Finally, Panmure Gordon reiterated a hold rating and issued a GBX 350 ($4.72) target price on shares of Zpg Plc in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. Zpg Plc has an average rating of Hold and an average price target of GBX 406.46 ($5.48).

Zpg Plc (LON:ZPG) opened at 364.40 on Monday. The stock’s market capitalization is GBX 1.53 billion. Zpg Plc has a 52 week low of GBX 273.83 and a 52 week high of GBX 401.20. The firm has a 50 day moving average of GBX 355.90 and a 200-day moving average of GBX 364.96.

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In related news, insider Alex Chesterman sold 4,250,000 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of GBX 363 ($4.89), for a total value of £15,427,500 ($20,800,188.76). Insiders purchased 125 shares of company stock valued at $45,329 in the last three months.

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.

Analyst Recommendations for Zpg Plc (LON:ZPG)

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