Zeta Global Holdings Corp. (ZETA) - What Are Researchers Thinking About This Stock?

Key Points

• Analyst sentiment is broadly positive: 12 of 15 brokerages rate Zeta Global a buy, two say hold and one says sell, resulting in a “Moderate Buy” consensus. The average 12-month price target is $37.06.
• Recent target increases include DA Davidson raising its target to $38 and Bank of America lifting its target to $34; both maintain buy ratings.
• Institutional investors and hedge funds own 87.75% of the shares, with several firms increasing their holdings in the third quarter. ZETA opened at $31.03, within its 52-week range of $14.36 to $35.75.

Shares of Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the fifteen brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $37.06.

A number of brokerages recently weighed in on ZETA. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Zeta Global in a research report on Thursday, October 15th. Wall Street Zen raised shares of Zeta Global from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. William Blair set a $29.00 target price on Zeta Global in a research note on Thursday, August 6th. DA Davidson upped their target price on Zeta Global from $36.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, October 6th. Finally, Bank of America increased their price target on Zeta Global from $29.00 to $34.00 and gave the stock a "buy" rating in a research report on Wednesday, August 19th.

Zeta Global Stock Up 0.0%

Shares of NYSE:ZETA opened at $31.03 on Monday. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of -1,551.65, a price-to-earnings-growth ratio of 4.38 and a beta of 1.25. Zeta Global has a 1-year low of $14.36 and a 1-year high of $35.75. The company's fifty day moving average is $31.68 and its two-hundred day moving average is $22.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.38 and a current ratio of 2.38.

Institutional Investors Weigh In On Zeta Global

Several large investors have recently added to or reduced their stakes in the stock. Diversified Trust Co raised its stake in shares of Zeta Global by 23.2% during the third quarter. Diversified Trust Co now owns 112,790 shares of the company's stock valued at $3,561,000 after purchasing an additional 21,254 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Zeta Global by 50.3% in the third quarter. Russell Investments Group Ltd. now owns 925,219 shares of the company's stock worth $29,209,000 after purchasing an additional 309,449 shares during the period. Kestra Private Wealth Services LLC bought a new position in Zeta Global in the 3rd quarter valued at about $212,000. Integrity Alliance LLC. bought a new position in Zeta Global in the 3rd quarter valued at about $443,000. Finally, Vise Technologies Inc. grew its position in Zeta Global by 5.7% in the 3rd quarter. Vise Technologies Inc. now owns 31,340 shares of the company's stock valued at $989,000 after buying an additional 1,691 shares in the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Company Profile

Zeta Global is a marketing technology company that helps businesses use consumer data and artificial intelligence to plan and deliver digital marketing. Its platform combines data, analytics and campaign tools to help organizations identify audiences and engage customers throughout the marketing lifecycle.

The company's products support marketing activities such as customer acquisition, engagement and retention across channels including email, mobile, social media and the web. Zeta's offerings include its Zeta Marketing Platform and the Zeta Data Cloud, which help clients manage audience insights and coordinate campaigns.

Founded in 2007 and headquartered in New York, Zeta Global serves businesses in multiple markets.

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