Zeta Global’s (ZETA) “Outperform” Rating Reiterated at William Blair

William Blair reaffirmed their outperform rating on shares of Zeta Global (NYSE:ZETA) in a research report sent to investors on Wednesday morning,RTT News reports.

ZETA has been the topic of several other reports. The Goldman Sachs Group started coverage on shares of Zeta Global in a report on Wednesday, December 11th. They issued a “neutral” rating and a $30.00 price target on the stock. DA Davidson upped their price target on shares of Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Canaccord Genuity Group upped their price target on shares of Zeta Global from $24.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Truist Financial reaffirmed a “buy” rating and issued a $42.00 price target (up from $35.00) on shares of Zeta Global in a report on Tuesday, November 12th. Finally, Craig Hallum upped their price target on shares of Zeta Global from $37.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Four research 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. Based on data from MarketBeat.com, Zeta Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.07.

Zeta Global Trading Up 3.5 %

NYSE ZETA opened at $17.24 on Wednesday. The company’s fifty day simple moving average is $19.33 and its 200-day simple moving average is $23.73. Zeta Global has a 52 week low of $9.97 and a 52 week high of $38.20. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The stock has a market cap of $4.09 billion, a P/E ratio of -24.62, a PEG ratio of 1.65 and a beta of 1.17.

Institutional Trading of Zeta Global

Institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. grew its position in shares of Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after acquiring an additional 532 shares during the last quarter. Rakuten Securities Inc. bought a new position in shares of Zeta Global during the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC grew its position 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 worth $31,000 after acquiring an additional 1,201 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Zeta Global during the fourth quarter worth about $33,000. Finally, Point72 Hong Kong Ltd bought a new position in shares of Zeta Global during the fourth quarter worth about $33,000. 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.