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

Zeta Global (NYSE:ZETA)‘s stock had its “outperform” rating reiterated by research analysts at William Blair in a research note issued to investors on Wednesday,RTT News reports.

Several other analysts also recently issued reports on the company. Bank of America increased their price target on Zeta Global from $20.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. The Goldman Sachs Group raised their target price on Zeta Global from $16.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. DA Davidson raised their target price on Zeta Global from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, September 22nd. Finally, Needham & Company LLC raised their target price on Zeta Global from $20.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Zeta Global currently has a consensus rating of “Moderate Buy” and an average target price of $29.38.

Zeta Global Stock Down 4.1%

Shares of NYSE ZETA opened at $19.21 on Wednesday. Zeta Global has a 12-month low of $10.69 and a 12-month high of $38.20. The company has a market cap of $4.57 billion, a P/E ratio of -101.08 and a beta of 1.29. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.29. The stock has a fifty day moving average price of $19.01 and a 200 day moving average price of $15.55.

Hedge Funds Weigh In On Zeta Global

Several large investors have recently modified their holdings of the stock. Palouse Capital Management Inc. lifted its position in shares of Zeta Global by 6.1% during the second quarter. Palouse Capital Management Inc. now owns 10,794 shares of the company’s stock worth $167,000 after purchasing an additional 619 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of Zeta Global by 15.3% during the second quarter. Advisors Asset Management Inc. now owns 5,281 shares of the company’s stock worth $82,000 after purchasing an additional 702 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Zeta Global by 1.3% during the second quarter. Harbor Capital Advisors Inc. now owns 63,330 shares of the company’s stock worth $981,000 after purchasing an additional 804 shares during the last quarter. SlateStone Wealth LLC lifted its position in shares of Zeta Global by 5.8% during the first quarter. SlateStone Wealth LLC now owns 17,154 shares of the company’s stock worth $233,000 after purchasing an additional 948 shares during the last quarter. Finally, M&T Bank Corp lifted its position in shares of Zeta Global by 5.9% during the second quarter. M&T Bank Corp now owns 17,086 shares of the company’s stock worth $264,000 after purchasing an additional 959 shares during the last quarter. 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.