ZEAL Network (ETR:TIM – Get rating) received a €47.00 ($47.96) target price from equity researchers at Jefferies Financial Group in a research report released to clients and investors on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s price target would indicate a potential upside move of 135.00% from the stock’s previous close.
A number of other analysts have also issued reports on TIM. Berenberg Bank posted a price target of €52.00 ($53.06) for ZEAL Network in a research note on Wednesday, May 18. Hauck and Aufhaeuser posted a price target of €49.00 ($50.00) for ZEAL Network in a research note on Tuesday, April 19. Finally, in a research note on Thursday, May 12, Warburg Research set a price target of €51.00 ($52.04) for ZEAL Network.
Price development of the ZEAL network
Shares of ETR:TIM opened at €20.00 ($20.41) on Thursday. The 50-day moving average price of the stock is €20.00 and the 200-day moving average price is €20.00. The company has a current ratio of 3.63, a quick ratio of 3.63 and a debt-to-equity ratio of 2.58. ZEAL Network has a 12-month low of €16.00 ($16.33) and a 12-month high of €24.40 ($24.90). The company has a market cap of $166.82 million and a price-to-earnings ratio of 6.75.
Company profile of the ZEAL network
ZEAL Network SE is active in the online lottery business in Germany. It is also engaged in secondary lottery betting business and sells instant win games. The company was formerly known as Tipp24 SE and changed its name to ZEAL Network SE in November 2014. ZEAL Network SE was founded in 1999 and is headquartered in London, UK.
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