Zeta Global Holdings Corp. (NYSE:ZETA) Receives $26.18 Average Price Target from Analysts

by · The Markets Daily

Zeta Global Holdings Corp. (NYSE:ZETA – Get Free Report) has received an average recommendation of “Moderate Buy” from the fourteen analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $27.25.

A number of brokerages have weighed in on ZETA. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, October 8th. William Blair restated an “outperform” rating on shares of Zeta Global in a report on Monday. Truist Financial lifted their price target on Zeta Global from $34.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Wall Street Zen raised shares of Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. Finally, Zacks Research upgraded shares of Zeta Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 27th.

View Our Latest Report on ZETA

Zeta Global Stock Performance

Shares of NYSE:ZETA opened at $18.19 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.01 and a quick ratio of 3.01. Zeta Global has a 1 year low of $10.69 and a 1 year high of $27.79. The firm has a market capitalization of $4.38 billion, a PE ratio of -151.53 and a beta of 1.27. The business’s 50 day moving average price is $18.91 and its 200-day moving average price is $17.12.

Institutional Trading of Zeta Global

Hedge funds have recently made changes to their positions in the business. Mackenzie Financial Corp grew its holdings in shares of Zeta Global by 4.8% in the third quarter. Mackenzie Financial Corp now owns 12,195 shares of the company’s stock valued at $242,000 after purchasing an additional 560 shares in the last quarter. Palouse Capital Management Inc. boosted its position in Zeta Global by 6.1% in the 2nd quarter. Palouse Capital Management Inc. now owns 10,794 shares of the company’s stock valued at $167,000 after buying an additional 619 shares during the period. Advisors Asset Management Inc. boosted its position in Zeta Global by 15.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 5,281 shares of the company’s stock valued at $82,000 after buying an additional 702 shares during the period. D.A. Davidson & CO. increased its position in shares of Zeta Global by 1.2% during the third quarter. D.A. Davidson & CO. now owns 66,462 shares of the company’s stock worth $1,321,000 after acquiring an additional 799 shares during the period. Finally, Harbor Capital Advisors Inc. raised its stake in shares of Zeta Global by 1.3% in the second quarter. Harbor Capital Advisors Inc. now owns 63,330 shares of the company’s stock valued at $981,000 after acquiring an additional 804 shares in the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

About Zeta Global

(Get Free Report)

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company’s Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry’s opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.

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