Ziff Davis, Inc. (NASDAQ:ZD - Get Free Report) has received an average recommendation of "Moderate Buy" from the seven analysts that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $69.71.
Several equities analysts recently issued reports on the stock. Barclays boosted their target price on shares of Ziff Davis from $44.00 to $61.00 and gave the company an "equal weight" rating in a report on Monday, November 11th. UBS Group reduced their price target on shares of Ziff Davis from $76.00 to $65.00 and set a "neutral" rating for the company in a research report on Tuesday, December 3rd.
Read Our Latest Research Report on ZD
Ziff Davis Stock Performance
Shares of Ziff Davis stock opened at $51.59 on Monday. The company has a 50 day moving average of $55.98 and a 200-day moving average of $50.44. The company has a market cap of $2.21 billion, a PE ratio of 43.72 and a beta of 1.36. Ziff Davis has a 1-year low of $37.76 and a 1-year high of $70.90. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.49.
Institutional Trading of Ziff Davis
Institutional investors and hedge funds have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Ziff Davis during the third quarter worth about $37,000. Quest Partners LLC bought a new stake in Ziff Davis during the second quarter valued at approximately $38,000. TD Private Client Wealth LLC grew its stake in Ziff Davis by 19.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company's stock worth $75,000 after buying an additional 249 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Ziff Davis in the 2nd quarter worth approximately $93,000. Finally, Central Pacific Bank Trust Division increased its holdings in shares of Ziff Davis by 21.3% in the 3rd quarter. Central Pacific Bank Trust Division now owns 2,730 shares of the technology company's stock worth $133,000 after buying an additional 480 shares during the last quarter. 99.76% of the stock is currently owned by hedge funds and other institutional investors.
About Ziff Davis
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Get Free ReportZiff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.
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