Zapp Electric Vehicles Group (NASDAQ:ZAPP) Stock Rating Upgraded by BNP Paribas

Zapp Electric Vehicles Group (NASDAQ:ZAPP) was upgraded by equities researchers at BNP Paribas to a “strong-buy” rating in a research report issued on Tuesday, Zacks.com reports.

ZAPP has been the subject of several other research reports. Litchfield Hills Research upgraded Zapp Electric Vehicles Group to a “strong-buy” rating in a research note on Monday, July 1st. Maxim Group started coverage on Zapp Electric Vehicles Group in a research report on Tuesday. They issued a “buy” rating and a $7.00 price objective for the company.

Zapp Electric Vehicles Group Trading Down 3.0 %

Shares of ZAPP stock opened at $2.61 on Tuesday. Zapp Electric Vehicles Group has a twelve month low of $0.70 and a twelve month high of $19.10. The stock has a 50 day moving average of $4.42 and a 200 day moving average of $4.34.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.