Zpg Plc (ZPG) Earns Overweight Rating from Barclays PLC

Zpg Plc (ZPG) Earns Overweight Rating from Barclays PLC

Several other research analysts also recently issued reports on the company. Credit Suisse Group AG restated an outperform rating and set a GBX 440 ($5.65) price objective on shares of Zpg Plc in a research report on Wednesday, March 1st. Peel Hunt restated an add rating and set a GBX 390 ($5.01) price objective on shares of Zpg Plc in a research report on Friday, May 5th. Liberum Capital restated a buy rating and set a GBX 415 ($5.33) price objective on shares of Zpg Plc in a research report on Wednesday, March 1st. Deutsche Bank AG restated a  hold rating and set a GBX 315 ($4.05) price objective on shares of Zpg Plc in a research report on Wednesday, February 1st. Finally, Berenberg Bank lifted their price objective on Zpg Plc from GBX 400 ($5.14) to GBX 440 ($5.65) and gave the stock a buy rating in a research report on Wednesday, February 22nd. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of GBX 406.90 ($5.23).

Barclays PLC reissued their overweight rating on shares of Zpg Plc (LON:ZPG) in a report published on Thursday morning.

Shares of Zpg Plc (ZPG) opened at 367.00 on Thursday. The stock’s market capitalization is GBX 1.54 billion. Zpg Plc has a 52-week low of GBX 226.20 and a 52-week high of GBX 401.20. The stock has a 50 day moving average price of GBX 367.16 and a 200-day moving average price of GBX 354.35.

The firm also recently declared a dividend, which will be paid on Friday, June 23rd. Shareholders of record on Thursday, June 1st will be issued a GBX 1.90 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, June 1st. This represents a yield of 0.52%.

In other Zpg Plc news, insider Robin Klein sold 100,000 shares of the business’s stock in a transaction on Wednesday, March 8th. The stock was sold at an average price of GBX 388 ($4.98), for a total value of £388,000 ($498,394.35). Also, insider Sherry Coutu sold 128,750 shares of the business’s stock in a transaction on Monday, March 6th. The shares were sold at an average price of GBX 388 ($4.98), for a total value of £499,550 ($641,682.72). Insiders acquired a total of 118 shares of company stock valued at $44,768 over the last quarter.

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 and PrimeLocation. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:ZPG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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