Analysts Set Zeta Global Holdings Corp. (NYSE:ZETA) Target Price at $27.83

Zeta Global Holdings Corp. (NYSE:ZETA) has earned a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $27.8333.

A number of equities analysts have weighed in on the company. KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target for the company in a report on Tuesday, April 28th. Royal Bank Of Canada upped their price target on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Wall Street Zen cut Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. B. Riley Financial restated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th.

Zeta Global Stock Up 0.2%

NYSE ZETA opened at $19.81 on Friday. The stock has a market cap of $4.94 billion, a PE ratio of -180.08, a P/E/G ratio of 3.08 and a beta of 1.34. Zeta Global has a fifty-two week low of $12.39 and a fifty-two week high of $25.95. The business has a 50 day moving average price of $18.60 and a two-hundred day moving average price of $18.54. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22.

Insider Activity at Zeta Global

In other news, Director Jeanine Silberblatt sold 7,500 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $19.89, for a total transaction of $149,175.00. Following the completion of the transaction, the director directly owned 50,350 shares in the company, valued at approximately $1,001,461.50. This represents a 12.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 10.74% of the company’s stock.

Hedge Funds Weigh In On Zeta Global

Several institutional investors and hedge funds have recently made changes to their positions in ZETA. Advisors Asset Management Inc. boosted its stake in shares of Zeta Global by 34.2% during the 1st quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock valued at $62,000 after buying an additional 1,168 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Zeta Global by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock valued at $1,442,000 after buying an additional 4,631 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Zeta Global during the 1st quarter valued at approximately $205,000. Woodline Partners LP acquired a new stake in shares of Zeta Global during the 1st quarter valued at approximately $222,000. Finally, Strs Ohio acquired a new stake in shares of Zeta Global during the 1st quarter valued at approximately $117,000. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.