Shaw & Partners price target and BUY ratingZip Co (Z1P)
Rating: Buy | Risk: High | Price Target: $4.88
Still Only Day 1 for Instalment Payments and Digital Wallets
Event: Z1P has delivered a 2Q-20 that is above Shaw expectations, with beats across growth, and customer key KPI’s, with indications that the company is 6 months ahead of expectations.
Recommendation: Z1P will end FY20 with 10% of all Australians having an account and in our opinion is still only at day one of payments and digital wallets taking share in Australia. Re-iterate Buy.
Price Target $4.88
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Last
$3.31 |
Change
-0.070(2.07%) |
Mkt cap ! $4.321B | |||
| Open | High | Low | Value | Volume |
| $3.41 | $3.44 | $3.29 | $34.26M | 10.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5996 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 64550 | 6 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |