Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Operating across the United Kingdom, Spain, and Ireland, Zigup Plc specializes in a wide array of mobility solutions and automotive services. The company's offerings include contact center support, sales, claims processing, customer service, and various general insurance products. It also delivers comprehensive fleet management, rapid response, and vehicle recovery services. Furthermore, Zigup is involved in the provision and installation of electric vehicle (EV) charging equipment. Its diverse portfolio extends to legal advice for personal injury cases, rental services for light commercial vehicles, and the sale of used vans and cars to both businesses and private customers. Additionally, the company manages automotive crash repairs and accident administration. Zigup Plc operates a significant vehicle fleet, with approximately 130,000 vehicles owned or leased, and oversees around 700,000 vehicles for other clients. Established in 1897, the company was formerly known as Redde Northgate plc before adopting the name Zigup Plc in May 2024, and its headquarters are located in Darlington, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITD.
Target Price
The average target price of ZIG.L is 547 and suggests 17.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr