Brokerages Set Zeta Global Holdings Corp. (NYSE:ZETA) PT at $36.86

Zeta Global Holdings Corp. (NYSE:ZETA) has earned an average recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $36.86.

ZETA has been the topic of a number of recent research reports. The Goldman Sachs Group cut their price target on shares of Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday, March 4th. Canaccord Genuity Group reiterated a “buy” rating and set a $28.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. Royal Bank of Canada cut their price target on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. B. Riley reiterated a “buy” rating and set a $44.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. Finally, William Blair reiterated an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th.

Zeta Global Stock Performance

NYSE ZETA opened at $14.40 on Wednesday. The firm’s fifty day moving average price is $18.31 and its two-hundred day moving average price is $22.70. The stock has a market cap of $3.42 billion, a PE ratio of -20.56, a PEG ratio of 1.65 and a beta of 1.18. Zeta Global has a fifty-two week low of $10.30 and a fifty-two week high of $38.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32.

Hedge Funds Weigh In On Zeta Global

A number of hedge funds have recently modified their holdings of ZETA. Principal Financial Group Inc. boosted its stake in shares of Zeta Global by 512.3% during the 3rd quarter. Principal Financial Group Inc. now owns 136,058 shares of the company’s stock valued at $4,059,000 after purchasing an additional 113,838 shares in the last quarter. Atria Investments Inc bought a new stake in shares of Zeta Global during the 3rd quarter valued at about $358,000. Victory Capital Management Inc. boosted its stake in shares of Zeta Global by 229.9% during the 3rd quarter. Victory Capital Management Inc. now owns 68,660 shares of the company’s stock valued at $2,048,000 after purchasing an additional 47,849 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Zeta Global during the 3rd quarter valued at about $1,128,000. Finally, Natixis Advisors LLC boosted its stake in shares of Zeta Global by 15.9% during the 3rd quarter. Natixis Advisors LLC now owns 16,295 shares of the company’s stock valued at $486,000 after purchasing an additional 2,236 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

About Zeta Global

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.