Zeta Global (NYSE:ZETA) Given “Outperform” Rating at William Blair

William Blair restated their outperform rating on shares of Zeta Global (NYSE:ZETA) in a report issued on Wednesday,RTT News reports.

Other equities research analysts have also recently issued reports about the stock. The Goldman Sachs Group initiated coverage on shares of Zeta Global in a research note on Wednesday, December 11th. They set a “neutral” rating and a $30.00 price target on the stock. Canaccord Genuity Group raised their price target on shares of Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. DA Davidson raised their target price on shares of Zeta Global from $39.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. 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. Finally, Needham & Company LLC reissued a “buy” rating and issued a $43.00 target price on shares of Zeta Global in a research report on Wednesday. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $38.07.

Zeta Global Price Performance

Zeta Global stock opened at $17.62 on Wednesday. Zeta Global has a 12-month low of $9.97 and a 12-month high of $38.20. The stock 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 firm’s 50-day moving average is $19.42 and its two-hundred day moving average is $23.82. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC raised its holdings in Zeta Global by 3,885.7% in the third quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock valued at $42,000 after buying an additional 1,360 shares during the period. Optiver Holding B.V. raised its holdings in Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after buying an additional 532 shares during the period. Covestor Ltd raised its holdings in Zeta Global by 2,902.0% in the third quarter. Covestor Ltd now owns 1,501 shares of the company’s stock valued at $45,000 after buying an additional 1,451 shares during the period. Rakuten Securities Inc. purchased a new position in Zeta Global in the fourth quarter valued at approximately $27,000. Finally, Coppell Advisory Solutions LLC raised 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 valued at $31,000 after purchasing an additional 1,201 shares during the period. Hedge funds and other 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.