Zotefoams plc (ZTF) Given “Hold” Rating at N+1 Singer

N+1 Singer reaffirmed their hold rating on shares of Zotefoams plc (LON:ZTF) in a research note issued to investors on Friday morning. N+1 Singer currently has a GBX 450 ($5.94) price target on the stock.

Separately, Peel Hunt raised their target price on shares of Zotefoams plc from GBX 325 ($4.29) to GBX 360 ($4.75) and gave the stock an add rating in a research note on Tuesday.

Zotefoams plc (LON ZTF) traded down GBX 5 ($0.07) during mid-day trading on Friday, hitting GBX 393.50 ($5.19). 8,896 shares of the stock traded hands.

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The company also recently announced a dividend, which was paid on Thursday, October 12th. Stockholders of record on Thursday, September 14th were paid a GBX 1.91 ($0.03) dividend. This represents a dividend yield of 0.59%. The ex-dividend date was Thursday, September 14th.

About Zotefoams plc

Zotefoams plc is a United Kingdom-based cellular material technology company. The Company is engaged in the manufacture and sale of cross-linked block foams. The Company’s segments include Polyolefins, High-Performance Products (HPP) and MuCell Extrusion LLC (MEL). Polyolefins foams are made from olefinic homopolymer and copolymer resin.

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