What is Macquarie’s rating of ATP, I wonder?
Zip Co Ltd (ASX: Z1P)Analysts at Macquarie have retained their underperform rating but lifted the price target on this buy now pay later provider’s shares to $5.35. According to the note, Zip Co delivered a stronger than expected second quarter update thanks largely to its US-based Quadpay business. It reported a 217% increase in transaction volume to $673.1 million and a 180% lift in customer numbers to 3.2 million in the key market. However, the broker is concerned that competition is intensifying and suspects that customer acquisition costs could increase in 2021. The Zip share price was trading at $7.42 on Monday.
- Forums
- ASX - By Stock
- ZIP
- Zip boss frustrated by stock's valuation relative to Afterpay
Zip boss frustrated by stock's valuation relative to Afterpay, page-79
-
- There are more pages in this discussion • 146 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
$3.02 |
Change
0.020(0.67%) |
Mkt cap ! $3.916B |
Open | High | Low | Value | Volume |
$2.98 | $3.04 | $2.96 | $10.29M | 3.420M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 103594 | $3.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.02 | 2500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 76708 | 3.020 |
25 | 120195 | 3.010 |
30 | 267909 | 3.000 |
30 | 333818 | 2.990 |
22 | 282031 | 2.980 |
Price($) | Vol. | No. |
---|---|---|
3.030 | 207854 | 25 |
3.040 | 252808 | 25 |
3.050 | 437162 | 41 |
3.060 | 225898 | 21 |
3.070 | 254494 | 12 |
Last trade - 11.22am 11/10/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online