ZIP 8.16% $1.53 zip co limited..

Price target $4.78

  1. 917 Posts.
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    Shaw and partners has issued a revised, higher price target following the quarterly

    $4.78, this follows the UBS price target of $4.80

    Zip Co (Z1P)

    Rating: Buy | Risk: High | Price Target: $4.78

    Growth Beat – Get out of the way of momentum, best quarter, international and biz to come

    Event: Z1P’s Q1-20 beat Shaw at the TV line by 23%. Z1P is delivering strong momentum, increasing user affinity and averages and is going into the strongest quarter of the year.

    Recommendation: The best quarter, the network affect and a catalyst rich environment is all to come. Zip is taking share of checkouts and customers from mainstream institutions and we continue to like the structural growth with increased product, international and platform optionality.


 
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