Risk factor
Low price volatility
Profitability factor
Greatly undervalued vs peers
About
Zigup Plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment. In addition, it provides personal injury law and legal advice services; light commercial vehicle hire services; used vans and cars for business, and private individuals; and automotive crash repair and accident administration services. Further, the company operates a fleet of approximately 130,000 owned and leased vehicles, and approximately 700,000 managed vehicles. The company was formerly known as Redde Northgate plc and changed its name to Zigup Plc in May 2024. Zigup Plc was incorporated in 1897 and is headquartered in Darlington, the United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of ZIG.L is 469 and suggests 17% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
Buy
Sell