Zeta Global Holdings Corp. (NYSE:ZETA) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) have received an average recommendation of "Moderate Buy" from the fifteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $30.36.

Several equities research analysts recently commented on ZETA shares. DA Davidson cut their price target on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Truist Financial decreased their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Barclays reduced their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. The Goldman Sachs Group reduced their target price on Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Finally, Royal Bank of Canada reduced their target price on Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a research report on Monday, April 28th.

Institutional Investors Weigh In On Zeta Global

Several institutional investors have recently added to or reduced their stakes in the company. Barclays PLC lifted its position in shares of Zeta Global by 36.4% in the 3rd quarter. Barclays PLC now owns 420,518 shares of the company's stock worth $12,544,000 after purchasing an additional 112,238 shares during the period. Janney Montgomery Scott LLC lifted its position in Zeta Global by 273.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock valued at $1,399,000 after acquiring an additional 56,910 shares during the period. KBC Group NV increased its stake in Zeta Global by 102.3% during the 4th quarter. KBC Group NV now owns 9,680 shares of the company's stock valued at $174,000 after purchasing an additional 4,896 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in Zeta Global during the 4th quarter valued at about $307,000. Finally, Heck Capital Advisors LLC bought a new stake in Zeta Global during the 4th quarter valued at about $66,000. Hedge funds and other institutional investors own 87.75% of the company's stock.

Zeta Global Trading Up 3.5%

Shares of ZETA stock traded up $0.46 on Monday, hitting $13.66. The company had a trading volume of 6,770,194 shares, compared to its average volume of 5,409,994. Zeta Global has a twelve month low of $10.69 and a twelve month high of $38.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The stock's 50-day moving average is $12.96 and its two-hundred day moving average is $16.93. The firm has a market cap of $3.22 billion, a P/E ratio of -19.51, a P/E/G ratio of 1.65 and a beta of 1.25.

About Zeta Global

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.