RBC Capital analyst Matthew Hedberg maintained a Buy rating on ZoomInfo Technologies (ZI) yesterday and set a price target of $64.00. The company’s shares closed last Tuesday at $53.43.
According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 38.2% and a 78.3% success rate. Hedberg covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and Ping Identity Holding.
Currently, the analyst consensus on ZoomInfo Technologies is a Strong Buy with an average price target of $64.78, which is a 14.3% upside from current levels. In a report released yesterday, Stephens also assigned a Buy rating to the stock with a $70.00 price target.
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ZoomInfo Technologies’ market cap is currently $20.8B and has a P/E ratio of -131.70. The company has a Price to Book ratio of -23.08.
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ZoomInfo Technologies Inc provides a cloud-based platform for sales and marketing teams. It provides information on the organizations and professionals of the target company. The services provided are contact & company search, buyer intent, social selling, web research, website visitor tracking, lead enrichment, database management, campaign optimization, webform optimizations, and others. Geographically, the company has its presence across the United States.
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