Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “buy” rating restated by Canaccord Genuity in a report issued on Wednesday. They currently have a GBX 390 ($5.09) price target on the stock. Canaccord Genuity’s target price would indicate a potential upside of 23.38% from the stock’s previous close.
A number of other analysts also recently commented on ZPLA. Jefferies Group upped their price objective on Zoopla Property Group PLC from GBX 415 ($5.42) to GBX 430 ($5.61) and gave the stock a “buy” rating in a report on Tuesday, May 31st. BNP Paribas upped their price objective on Zoopla Property Group PLC from GBX 220 ($2.87) to GBX 240 ($3.13) and gave the stock a “neutral” rating in a report on Wednesday, June 1st. Deutsche Bank AG upped their price objective on Zoopla Property Group PLC from GBX 260 ($3.39) to GBX 280 ($3.65) and gave the stock a “hold” rating in a report on Friday, June 3rd. Numis Securities Ltd upped their price objective on Zoopla Property Group PLC from GBX 285 ($3.72) to GBX 340 ($4.44) and gave the stock an “add” rating in a report on Thursday, June 16th. Finally, Barclays PLC dropped their price objective on Zoopla Property Group PLC from GBX 335 ($4.37) to GBX 250 ($3.26) and set an “equal weight” rating for the company in a report on Monday, July 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 314.56 ($4.11).
Zoopla Property Group PLC (LON:ZPLA) traded up 3.10% on Wednesday, reaching GBX 325.90. The company had a trading volume of 228,153 shares. The firm’s market capitalization is GBX 1.35 billion. The stock’s 50-day moving average price is GBX 315.06 and its 200 day moving average price is GBX 290.66. Zoopla Property Group PLC has a 52-week low of GBX 189.62 and a 52-week high of GBX 343.00.
In other news, insider Chesterman,Alex sold 4,250,000 shares of the stock in a transaction dated Monday, September 19th. The shares were sold at an average price of GBX 325 ($4.24), for a total transaction of £13,812,500 ($18,029,630.60).
Zoopla Property Group PLC Company Profile
Zoopla Property Group Plc is a United Kingdom-based company that is engaged in digital media business. The Company owns and operates online property brands, including Zoopla, PrimeLocation, SmartNewHomes and HomesOverseas. The Company provides online resources to property consumers. The Company’s products, such as ZooplaPro and MarketView, provide members with information on their marketing performance and their competitive position in a local area.
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