Zeta Global (NYSE:ZETA) Price Target Raised to $25.00

Zeta Global (NYSE:ZETA) had its price target increased by Morgan Stanley from $23.00 to $25.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other equities analysts also recently commented on the stock. KeyCorp downgraded shares of Zeta Global from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 14th. Barclays boosted their price target on shares of Zeta Global from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. DA Davidson boosted their price target on shares of Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Royal Bank of Canada reduced their price target on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a research note on Wednesday. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $37.07.

Zeta Global Price Performance

Shares of ZETA stock opened at $17.24 on Wednesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The firm’s 50-day moving average is $19.33 and its two-hundred day moving average is $23.73. Zeta Global has a 12 month low of $9.97 and a 12 month high of $38.20. The company has a market capitalization of $4.09 billion, a PE ratio of -24.62, a price-to-earnings-growth ratio of 1.65 and a beta of 1.17.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Heck Capital Advisors LLC acquired a new position in shares of Zeta Global in the fourth quarter valued at approximately $66,000. Mackenzie Financial Corp grew its holdings in Zeta Global by 294.3% during the 4th quarter. Mackenzie Financial Corp now owns 170,552 shares of the company’s stock worth $3,068,000 after acquiring an additional 127,301 shares in the last quarter. Neo Ivy Capital Management acquired a new position in Zeta Global during the 4th quarter worth approximately $3,384,000. JT Stratford LLC acquired a new position in Zeta Global during the 4th quarter worth approximately $245,000. Finally, Two Sigma Advisers LP acquired a new position in Zeta Global during the 4th quarter worth approximately $32,571,000. Institutional investors and hedge funds 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.