ZM Has Its Price Target Reduced To $400 By Mizuho Analysts

ZM
ZM

The stocks of ZM have their price target reduced by stock analysts working at Mizuho to $400 in a Friday research report. Currently, the brokerage has put up a rating of buy on the stocks of the company. The price target set by Mizuho indicates an increase of 33.23% on the current price of the company. 

The Stock Commentary Of ZM

There have been quite a few research equities that have commented on the stocks of ZM. Deutsche Bank has already started covering the stocks in a 1st April research report. Currently, they have put up a rating of hold along with a price target of $360 on the stocks of the company.

Zacks Investment has also reduced the price target of the company from buy to hold with a price target of $354 in an 8th March research report. Wolfe Research has put up a rating of outperform with a price target of $390 in a 23rd April research report. Morgan Stanley has increased the price target of the company from $390 to $420 with a price rating of equal weight in an 8th March research report. 

Three of the investment analysts have already given the stocks a rating of sell, while eleven of them have given the company a rating of hold. Close to fifteen others have put the company with a rating of buy. Currently, ZM has a hold rating with a $423.04 price target. 

The stocks of ZM traded on Friday at $10.07. The market cap of the company is $88.18 billion, with a 378.21 PE ratio, along with a 12.42 PEG ratio. The moving average price of the company over a period of 50 days is $319.83, with the moving average price of the company over 200 days set at $377.19. The year low of the company has been set at $149.16, with the year high set at $588.84.