ZM Has Been Given A Rating Of Hold By Brokerage Firms

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ZM
ZM

The stocks of ZM have been given a rating of “hold” by close to twenty-nine different brokerages that have been covering the firm. According to a report published, around three different investment analysts provided the company with a rating of sell, while eleven others gave the company a rating of hold. Close to fifteen others provided the company with a rating of buy. Currently, the target price of the company set over a period of 1 year has been fixed at $423.16. 

The Stock Commentary Of ZM

There have been quite a few research equities that have commented on the stocks of ZM. Daiwa Capital has already increased the rating of the company to sell, with a price target of $250 in a 31st March research report. Rosenblatt Securities has also increased the price target of the company from $350 to $400 with a rating of neutral in an 8th March research report.

Zacks has also reduced the rating of the company from buy to hold with a price target of $354 in an 8th March research report. Deutsche Bank issued the company with a rating of hold along with a price target of $360 in a 1st April research report. 

The stocks of ZM traded on Friday at $293.05. The market cap of the firm is $86.07 billion, with a 375.71 PE ratio, along with a 12,42 PEG ratio. The moving average price of the company over a period of 50 days is $324.69, while the moving average price of the company over a period of 200 days is $385.28. The year low of the company is $149.16, with the year high coming to $588.84. 

ZM had previously announced its quarterly results on the 28th of February. The EPS reported by the company during this period was $1.22.