Analysts Set Zeta Global Holdings Corp. (NYSE:ZETA) PT at $30.36

Shares of Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) have been given an average rating of "Moderate Buy" by the fifteen research firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $30.36.

Several brokerages recently issued reports on ZETA. The Goldman Sachs Group reduced their price target on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Barclays reduced their target price on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. Canaccord Genuity Group dropped their price target on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Needham & Company LLC reduced their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, Royal Bank of Canada decreased their price objective on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, April 28th.

Institutional Trading of Zeta Global

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Zeta Global by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company's stock valued at $398,975,000 after purchasing an additional 489,499 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Zeta Global by 98.8% during the 4th quarter. Renaissance Technologies LLC now owns 4,719,762 shares of the company's stock worth $84,909,000 after acquiring an additional 2,345,562 shares during the last quarter. Geode Capital Management LLC grew its position in Zeta Global by 7.2% in the 4th quarter. Geode Capital Management LLC now owns 4,573,271 shares of the company's stock valued at $82,470,000 after acquiring an additional 306,592 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Zeta Global by 119.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,129,255 shares of the company's stock worth $74,285,000 after buying an additional 2,244,953 shares during the period. Finally, Yong Rong HK Asset Management Ltd bought a new stake in shares of Zeta Global during the first quarter valued at approximately $38,748,000. 87.75% of the stock is currently owned by institutional investors.

Zeta Global Trading Up 2.1%

Shares of NYSE ZETA traded up $0.30 during trading hours on Thursday, hitting $14.62. The company's stock had a trading volume of 985,484 shares, compared to its average volume of 5,315,365. The business has a 50-day simple moving average of $13.33 and a 200-day simple moving average of $18.51. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of -20.88, a P/E/G ratio of 1.65 and a beta of 1.29. 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 12 month low of $10.69 and a 12 month high of $38.20.

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.