



Zoom Video Communications’ annual low and high prices have been $71.69 and $291.31, respectively. The stock’s fifty-day and 200-day simple moving averages are $88.68 and $100.90, respectively. The stock has the following ratios: 24.26 P/E, 3.06 PEG, and -0.37 beta. ZM stock started trading at $78.35 on Friday. Bloomberg shows that the average rating for the company is “Hold,” and the average price target is $129.26. The stock has received buy ratings from eleven equity research analysts, hold ratings from sixteen, and sell ratings from two. The shares of Zoom Video Communications were lowered from a “buy” recommendation to a “hold” rating by Argus in a research report released on Friday, August 26. On Tuesday, August 23, Citigroup dropped Zoom Video Communications’ price objective in a research note from $91.00 to $76.00 and assigned the firm a “sell” rating. They assigned the company a “market perform” rating with a $122 price target. Bernstein began tracking Zoom Video Communications shares in a research note on Tuesday, July 19. On Tuesday, August 23, Evercore ISI lowered their price objective for Zoom Video Communications’ shares to $95.00 in a research note. In a research report released on Tuesday, August 23, 2016, Stifel Nicolaus reduced their target price on shares of Zoom Video Communications from $120.00 to $90.00 in a research report. ZM has been the subject of numerous other reports. According to JPMorgan Chase & Co.’s target price, the stock might increase by 8.49% from where it closed out the previous trading session.ĭeposit $100 and get a $110 to trade stocks In addition, they have reduced their previous target price for the stock from $295.00 to $85.00. analysts reduced Zoom Video Communications (NASDAQ: ZM) from an “overweight” rating to a “neutral” one in a report released on Friday.
