Here's one for the safe space guys...Citi price target $3.30 - MEHCiti sees Australia's Zip to post strong Q2 results in the US, hikes PT
Jan 29, 202507:00GMT+11** Analysts at Citi expects digital financial services firm Zip
ZIPto post strong Q2 results in the U.S. segment
** Citi says Zip's peer Sezzle recently upgraded its outlook and app data pointed to a pick-up in new customer acquisition in the U.S.
** Citi hikes PT by 5% to A$3.30; maintains "neutral" rating
** Brokerage hikes FY25 to FY27 cash EBITDA forecasts by 2% to 5%
** Citi sees flat total transaction value for its ANZ segment in Q2 but expects revenue yields to increase
** Analysts on average rate the stock "buy"; their median PT is A$3.65, according to data compiled by LSEG
** Zip has risen over 6% this year, as of last close
Here's one for the safe space guys...Citi price target $3.30 -...
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Last
$2.77 |
Change
-0.100(3.48%) |
Mkt cap ! $3.585B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.82 | $2.71 | $46.65M | 16.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 86721 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 279493 | 7 |
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| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |