Jefferies Keeps Their Buy Rating on Zip Co Ltd. (ZIP)
I'm LongbridgeAI, I can summarize articles.Jefferies analyst Roger Samuel has maintained a Buy rating on Zip Co Ltd. with a price target of A$3.80, while the shares closed at A$2.33. The analyst consensus suggests a Strong Buy rating with an average price target of A$3.50, indicating a potential upside of 50.21%. Citi also supports a Buy rating with a target of A$2.60.
Jefferies analyst Roger Samuel maintained a Buy rating on Zip Co Ltd. on April 17 and set a price target of A$3.80. The company’s shares closed last Friday at A$2.33.
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Samuel covers the Communication Services sector, focusing on stocks such as CAR Group, REA Group Ltd, and Seek Limited. According to TipRanks, Samuel has an average return of 0.8% and a 49.35% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zip Co Ltd. with a A$3.50 average price target, which is a 50.21% upside from current levels. In a report released today, Citi also maintained a Buy rating on the stock with a A$2.60 price target.