Ziff Davis, Inc. (NASDAQ:ZD) Receives $69.71 Average Target Price from Brokerages

Shares of Ziff Davis, Inc. (NASDAQ:ZD) have earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $69.71.

ZD has been the subject of several analyst reports. UBS Group cut their price target on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, December 3rd. Barclays increased their price objective on Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Ziff Davis in a research note on Friday, September 6th.

Institutional Trading of Ziff Davis

A number of large investors have recently bought and sold shares of ZD. Rothschild Investment LLC acquired a new stake in shares of Ziff Davis in the second quarter valued at about $25,000. Wilmington Savings Fund Society FSB purchased a new position in Ziff Davis in the third quarter valued at about $37,000. Quest Partners LLC acquired a new stake in shares of Ziff Davis during the 2nd quarter valued at approximately $38,000. Innealta Capital LLC purchased a new stake in shares of Ziff Davis during the 2nd quarter worth approximately $75,000. Finally, TD Private Client Wealth LLC grew its holdings in shares of Ziff Davis by 19.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company’s stock worth $75,000 after acquiring an additional 249 shares during the period. Institutional investors and hedge funds own 99.76% of the company’s stock.

Ziff Davis Price Performance

Shares of NASDAQ:ZD opened at $56.17 on Thursday. Ziff Davis has a one year low of $37.76 and a one year high of $70.90. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 47.60 and a beta of 1.35. The firm has a 50 day simple moving average of $53.58 and a 200 day simple moving average of $50.60. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42.

Ziff Davis Company Profile

Ziff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.