Impact of Brokerage Rating on Zillow Group, Inc.(ZG)

Many Zillow Group, Inc.(ZG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Needham on Feb 8, 2017 to Buy, Raises Price Target to $ 41 from a previous price target of $40 .Zillow Group – Class A was Reiterated by Mizuho on Feb 8, 2017 to Neutral, Lowers Price Target to $ 33 from a previous price target of $38 .

Zillow Group – Class A Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.11. The company had revenue of $227.60 million for the quarter, compared to analysts expectations of $222.22 million. The companys revenue was up 34.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.01 EPS.

Zillow Group, Inc. (NASDAQ:ZG) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.43 by 14 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold.

Zillow Group, Inc. (NASDAQ:ZG): 14 analysts have set the short term price target of Zillow Group, Inc. (NASDAQ:ZG) at $36.5. The standard deviation of short term price target has been estimated at $5.96, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 43 and $23 respectively.

Zillow Group, Inc. (NASDAQ:ZG) rose 2.69% or 0.935 points on Tuesday and made its way into the gainers of the day. After trading began at $35.99 the stock was seen hitting $36.5 as a peak level and $35.41 as the lowest level. The stock ended up at $35.72. The daily volume was measured at 1,166,527 shares. The 52-week high of the share price is $39.99 and the 52-week low is $18.42. The company has a market cap of $6,527 million.

Zillow Group, Inc. provides real estate and home-related brands on the Web and mobile. The company focuses on home lifecycle which include renting, buying, selling, financing and home improvement. Its portfolio of consumer brands consists of Zillow(R), Trulia(R), StreetEasy(R) and HotPads(R). The companys business brands includes ActiveRain(R), Diverse Solutions(R), Market Leader(R), Mortech(R), Postlets(R) and Retsly(TM). Zillow Group Inc., formerly known as Zillow Inc., is headquartered in Seattle.


Share this post

Leave a Reply