What does the future hold for the Zoo Digital share price?
Ben Hobson
The Zoo Digital (LON:ZOO) share price has risen by 11.4% over the past month and it’s currently trading at 67.04. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Zoo Digital currently has:
- 2 Buy recommendations
- 0 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
GET MORE DATA-DRIVEN INSIGHTS INTO LON:ZOO »
What else can I look at?
At its current price of 67.04, shares in Zoo Digital are trading at a discount of -23.9% to its 52 week high price. The 1-year performance of the shares has been -1.44%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Zoo Digital it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Zoo Digital it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Zoo Digital that you can find out about here.
Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.
