Shaw & PartnersZip Co (Z1P)
Rating: Buy | Risk: High | Price Target: $3.27
Sector volatility and uncertainty breeds opportunity
Event: What a week in the buy now pay later (BNPL) sector is. The largest, highest valued and international aspiring sector participant in Afterpay Touch (ASX: APT – Not covered) gave a buoyant business update, raised expansion capital, undertook a sell-down and received a notice from Austrac to appoint an external auditor in regards to AML/CTF compliance.
Recommendation: Sector scrutiny is likely to negatively affect sentiment and multiples in the short term. Longer term Zip remains an exponentially strong growth story with structural tailwinds blowing towards BNPL taking further significant market share from major banks. Any stock weakness for Zip from the sector is a buying opportunity, Re-iterate Buy.
- Forums
- ASX - By Stock
- ZIP
- Price target $3.27
Price target $3.27
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.30 |
Change
0.035(2.78%) |
Mkt cap ! $1.459B |
Open | High | Low | Value | Volume |
$1.27 | $1.31 | $1.24 | $10.50M | 8.201M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18782 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 63456 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 18782 | 1.285 |
4 | 58200 | 1.280 |
4 | 189794 | 1.275 |
5 | 82866 | 1.270 |
4 | 126992 | 1.265 |
Price($) | Vol. | No. |
---|---|---|
1.295 | 63456 | 4 |
1.300 | 149473 | 9 |
1.305 | 157942 | 4 |
1.310 | 189918 | 16 |
1.315 | 121584 | 3 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.29 |
  |
Change
0.035 ( 2.07 %) |
|||
Open | High | Low | Volume | ||
$1.27 | $1.31 | $1.24 | 3209430 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online