ZEAL Network (ETR:TIM) PT Set at €47.00 by Jefferies Financial Group

ZEAL Network (ETR:TIMGet Rating) has been assigned a €47.00 ($48.45) price target by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s target price suggests a potential upside of 135.00% from the company’s previous close.

A number of other analysts also recently weighed in on the stock. Hauck and Aufhaeuser set a €49.00 ($50.52) price target on shares of ZEAL Network in a research report on Tuesday, April 19th. Warburg Research set a €51.00 ($52.58) price objective on shares of ZEAL Network in a report on Thursday, May 12th. Finally, Berenberg Bank set a €52.00 ($53.61) price objective on shares of ZEAL Network in a report on Wednesday, May 18th.

ZEAL Network Stock Performance

TIM opened at €20.00 ($20.62) on Thursday. The firm has a market capitalization of $166.82 million and a P/E ratio of 6.75. The firm’s 50 day moving average is €20.00 and its 200-day moving average is €20.00. ZEAL Network has a 52-week low of €16.00 ($16.49) and a 52-week high of €24.40 ($25.15). The company has a quick ratio of 3.63, a current ratio of 3.63 and a debt-to-equity ratio of 2.58.

About ZEAL Network

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ZEAL Network SE engages in the online lottery business in Germany. It is also involved in the secondary lottery betting business, as well as sells instant win games. The company was formerly known as Tipp24 SE and changed its name to ZEAL Network SE in November 2014. ZEAL Network SE was founded in 1999 and is headquartered in London, the United Kingdom.

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