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Panmure Liberum has maintained its buy recommendation on ZIGUP Zigup PLC (LSE:ZIG), the vehicle rental and fleet management group, with an unchanged target price of 625p. The broker's research values the London-listed company at a market capitalisation of around £1.1 billion, against a share price of 474p at the close on 17 August.
Though perhaps not as trendy as they were years ago, exchange-traded funds (ETFs) are nonetheless a core investment vehicle—and still an exceedingly popular one, at that. As of 2023, there were more than 10,000 ETFs listed across the globe, up by nearly a quarter from just three years earlier.
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Despite the broad indices' losses, a few ETFs survived last week's turmoil.