Zapp Electric Vehicles Group (NASDAQ:ZAPP) Upgraded at BNP Paribas

BNP Paribas upgraded shares of Zapp Electric Vehicles Group (NASDAQ:ZAPP) to a strong-buy rating in a report published on Tuesday, Zacks.com reports.

A number of other research analysts have also issued reports on ZAPP. Maxim Group began coverage on Zapp Electric Vehicles Group in a report on Tuesday. They issued a buy rating and a $7.00 target price on the stock. Litchfield Hills Research raised shares of Zapp Electric Vehicles Group to a strong-buy rating in a report on Monday, July 1st.

Zapp Electric Vehicles Group Stock Performance

NASDAQ:ZAPP opened at $2.69 on Tuesday. Zapp Electric Vehicles Group has a 52-week low of $0.70 and a 52-week high of $19.10. The stock’s 50 day moving average price is $4.27 and its 200 day moving average price is $4.32.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.