In a report released today, Chad Bennett from Craig-Hallum assigned a Buy rating to Zuora (ZUO – Research Report). The company’s shares closed last Friday at $8.19.
According to TipRanks, Bennett is a 4-star analyst with an average return of 6.7% and a 46.00% success rate. Bennett covers the Technology sector, focusing on stocks such as Zuora, Mitek Systems, and Teradata.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zuora with a $12.25 average price target.
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ZUO market cap is currently $1.17B and has a P/E ratio of -14.11.
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Zuora (ZUO) Company Description:
Zuora, Inc. operates as an online subscription billing and management platform. The firm’s products include Zuora Billing, Zuora RevPro, Zuora CPQ and Zuora Collect. Its Central Platform is composed of six core engines: Pricing Engine, Subscription Orders Engine, Rating Engine, Global Payments Engine, Subscription Metrics and Subscription Accounting Engine. It also offers traditional ERP software, such as Oracle Corporation and SAP AG. The company was founded in 2007 by K.V. Rao, Cheng Zou and Tien Tzuo and is headquartered in San Mateo, CA.
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