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ZIGUP plc ( (GB:ZIG) ) has shared an update.
ZIGUP plc has reported a positive start to the financial year, with performance exceeding the previous year and vehicle supply supporting fleet replacement plans. The company has extended contracts with insurance customers and is preparing to launch services with a new significant insurance broker. ZIGUP has also launched a new Operations Control Centre and upgraded its UK call-centre infrastructure, enhancing efficiency and service delivery. The company remains confident in its long-term growth strategy, with a stable financial outlook and plans to pay a final dividend of 17.6 pence per share. The recent publication of its FY2025 Sustainability Progress Report highlights its ongoing commitment to sustainable growth.
The most recent analyst rating on (GB:ZIG) stock is a Hold with a £322.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.
Spark’s Take on GB:ZIG Stock
According to Spark, TipRanks’ AI Analyst, GB:ZIG is a Neutral.
ZIGUP plc’s overall stock score is primarily impacted by its financial performance challenges, including declining revenue and weak cash flow. The technical analysis indicates bearish momentum, which further weighs on the score. However, the attractive valuation with a low P/E ratio and high dividend yield provides some support, preventing a lower overall score.
To see Spark’s full report on GB:ZIG stock, click here.
More about ZIGUP plc
ZIGUP plc is a leading integrated mobility solutions provider, offering a platform that delivers services across the vehicle lifecycle. The company caters to businesses, fleet operators, insurers, OEMs, and other customers with solutions ranging from vehicle rental and fleet management to accident management and vehicle repairs. ZIGUP is recognized for its commitment to promoting opportunity and supporting social mobility, and it aims to guide customers through the transition to more connected and lower carbon mobility solutions.
Average Trading Volume: 600,395
Technical Sentiment Signal: Sell
Current Market Cap: £699.2M
For a thorough assessment of ZIG stock, go to TipRanks’ Stock Analysis page.