RBC Capital Sticks to Its Buy Rating for Ziff Davis, Inc. (ZD)

In a report issued on July 18, Rishi Jaluria from RBC Capital maintained a Buy rating on Ziff Davis, Inc. (ZDResearch Report), with a price target of $125.00. The company’s shares closed last Wednesday at $82.74.

According to, Jaluria is a 2-star analyst with an average return of 0.6% and a 42.8% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

Ziff Davis, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $113.00.

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Based on Ziff Davis, Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $315 million and net profit of $24.54 million. In comparison, last year the company earned revenue of $312 million and had a net profit of $77.92 million.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ZD in relation to earlier this year.

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J2 Global, Inc. is a holding company, which engages in the provision of Internet services. It operates through the following segments: Business Cloud Services and Digital Media. The Business Cloud Services segment offers online fax, virtual phone system, unified communications, online backup, customer relationship management, intellectual property licensing, global network operations, and customer support. The Digital Media segment includes display and video advertising, performance marketing, web properties, and licensing activities. The company was founded by Jaye Muller and John F. Rieley in December 1995 and is headquartered in Los Angeles, CA.

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