Zeta Global Holdings Corp. (NASDAQ:ZETA – Get Rating) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $12.17.
Several analysts have recently commented on ZETA shares. B. Riley began coverage on Zeta Global in a research note on Friday. They issued a “buy” rating and a $13.00 target price for the company. Credit Suisse Group assumed coverage on Zeta Global in a research note on Monday, November 21st. They issued a “neutral” rating and a $9.00 price objective for the company. Finally, Morgan Stanley upped their target price on Zeta Global from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 3rd.
Zeta Global Stock Up 2.6 %
Zeta Global stock opened at $8.32 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $1.72 billion, a PE ratio of -4.14 and a beta of 1.60. The firm’s fifty day moving average is $7.95 and its 200 day moving average is $6.86. Zeta Global has a 12-month low of $4.09 and a 12-month high of $13.46.
Insiders Place Their Bets
In related news, Director Robert H. Niehaus sold 175,536 shares of the business’s stock in a transaction dated Friday, October 28th. The shares were sold at an average price of $8.09, for a total transaction of $1,420,086.24. Following the transaction, the director now directly owns 16,621,891 shares in the company, valued at $134,471,098.19. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Robert H. Niehaus sold 27,257 shares of Zeta Global stock in a transaction on…
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