Zeta Global (NYSE:ZETA) Price Target Raised to $25.00

Zeta Global (NYSE:ZETA) had its price objective upped by Needham & Company LLC from $20.00 to $25.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research firms also recently issued reports on ZETA. Bank of America lifted their price target on Zeta Global from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group lifted their price target on Zeta Global from $16.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a research note on Saturday, September 20th. Morgan Stanley lifted their price target on Zeta Global from $15.00 to $20.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Finally, Zacks Research upgraded Zeta Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 27th. Ten investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.38.

Zeta Global Price Performance

ZETA stock opened at $19.34 on Wednesday. The company has a market capitalization of $4.60 billion, a P/E ratio of -101.76 and a beta of 1.29. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.25 and a current ratio of 3.25. Zeta Global has a 52-week low of $10.69 and a 52-week high of $38.20. The business has a 50-day simple moving average of $19.07 and a two-hundred day simple moving average of $15.59.

Institutional Investors Weigh In On Zeta Global

Hedge funds have recently modified their holdings of the stock. Golden State Wealth Management LLC raised its holdings in shares of Zeta Global by 2,000.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 1,680 shares of the company’s stock worth $26,000 after purchasing an additional 1,600 shares during the period. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Zeta Global in the 1st quarter worth approximately $27,000. Quarry LP raised its holdings in shares of Zeta Global by 963.9% in the 1st quarter. Quarry LP now owns 2,181 shares of the company’s stock worth $30,000 after purchasing an additional 1,976 shares during the period. Banque Cantonale Vaudoise bought a new stake in shares of Zeta Global in the 1st quarter worth approximately $32,000. Finally, Traub Capital Management LLC bought a new stake in shares of Zeta Global in the 2nd quarter worth approximately $50,000. Institutional investors own 87.75% of the company’s stock.

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.