Zeta Global (NYSE:ZETA) Price Target Lowered to $25.00 at DA Davidson

Zeta Global (NYSE:ZETA - Get Free Report) had its price target decreased by investment analysts at DA Davidson from $42.00 to $25.00 in a report issued on Monday,Benzinga reports. The firm currently has a "buy" rating on the stock. DA Davidson's target price suggests a potential upside of 118.19% from the stock's current price.

A number of other research analysts also recently issued reports on ZETA. Royal Bank of Canada cut their target price on shares of Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, January 3rd. Morgan Stanley raised their price objective on shares of Zeta Global from $23.00 to $25.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 26th. B. Riley reiterated a "buy" rating and set a $44.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th. Barclays reduced their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. Finally, William Blair reissued an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $34.36.

Zeta Global Trading Up 1.0 %

Shares of ZETA stock traded up $0.11 on Monday, reaching $11.46. 2,333,939 shares of the stock were exchanged, compared to its average volume of 5,203,784. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. Zeta Global has a one year low of $10.93 and a one year high of $38.20. The stock has a market cap of $2.72 billion, a PE ratio of -16.37, a P/E/G ratio of 1.65 and a beta of 1.29. The stock has a 50 day moving average price of $15.71 and a 200 day moving average price of $20.50.

Institutional Investors Weigh In On Zeta Global

Several large investors have recently made changes to their positions in the stock. Optiver Holding B.V. boosted its stake in Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after purchasing an additional 532 shares during the period. Rakuten Securities Inc. bought a new stake in shares of Zeta Global in the fourth quarter valued at about $27,000. Coppell Advisory Solutions LLC boosted 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 buying an additional 1,201 shares during the period. 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 acquired a new stake in Zeta Global in the 4th quarter valued at approximately $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.