Brokerages Set Zeta Global Holdings Corp. (NYSE:ZETA) Target Price at $37.43

Zeta Global Holdings Corp. (NYSE:ZETA) has been given a consensus recommendation of “Moderate Buy” by the sixteen analysts that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $38.07.

A number of analysts have recently issued reports on the stock. Barclays boosted their target price on shares of Zeta Global from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. The Goldman Sachs Group began coverage on shares of Zeta Global in a research report on Wednesday, December 11th. They issued a “neutral” rating and a $30.00 price objective for the company. Oppenheimer raised their target price on shares of Zeta Global from $33.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. DA Davidson boosted their price target on Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, KeyCorp downgraded Zeta Global from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th.

Zeta Global Price Performance

Shares of ZETA stock opened at $17.62 on Friday. The stock has a 50 day moving average price of $19.42 and a 200 day moving average price of $23.82. The firm has a market capitalization of $4.18 billion, a P/E ratio of -25.16, a P/E/G ratio of 1.65 and a beta of 1.17. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. Zeta Global has a 52-week low of $9.97 and a 52-week high of $38.20.

Hedge Funds Weigh In On Zeta Global

Large investors have recently made changes to their positions in the business. Optiver Holding B.V. grew its stake in Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after buying an additional 532 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in Zeta Global in the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC grew its stake in shares of Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock worth $31,000 after acquiring an additional 1,201 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global during the fourth quarter valued at about $33,000. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Zeta Global in the 4th quarter valued at approximately $33,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Company Profile

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.