ZIP 0.00% $2.72 zip co limited..

Morningstar said 40c last monthMoneyTalks: What ‘overvalued’...

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    Morningstar said 40c last month

    MoneyTalks: What ‘overvalued’ looks like on the ASX right now

    May 10, 2024

    Zip Co (ASX:ZIP)

    Well. It’s been a roller coaster ride for ZIP shareholders but the shares have rebounded over the last year and have risen 158%.

    “We believe that the market is underestimating downside risks and the shares are currently trading at a 235% premium to our fair value of $0.40,” Morningstar says.


 
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