Zoopla Property Group PLC (ZPLA) Rating Reiterated by Canaccord Genuity
Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity in a report issued on Wednesday. They presently have a GBX 390 ($5.09) price objective on the stock. Canaccord Genuity’s price objective points to a potential upside of 19.30% from the company’s current price.
Other equities research analysts have also issued reports about the stock. Numis Securities Ltd increased their price objective on shares of Zoopla Property Group PLC from GBX 285 ($3.72) to GBX 340 ($4.44) and gave the company an “add” rating in a report on Thursday, June 16th. Jefferies Group increased their price objective on shares of Zoopla Property Group PLC from GBX 415 ($5.42) to GBX 430 ($5.61) and gave the company a “buy” rating in a report on Tuesday, May 31st. Berenberg Bank increased their price objective on shares of Zoopla Property Group PLC from GBX 300 ($3.92) to GBX 320 ($4.18) and gave the company a “buy” rating in a report on Monday, July 11th. Barclays PLC cut their price objective on shares of 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. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 265 ($3.46) price objective on shares of Zoopla Property Group PLC in a report on Friday, July 8th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 314.56 ($4.11).
Zoopla Property Group PLC (LON:ZPLA) opened at 326.90 on Wednesday. The stock’s market cap is GBX 1.35 billion. The company’s 50-day moving average is GBX 316.16 and its 200 day moving average is GBX 291.55. 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 Zoopla Property Group PLC stock in a transaction on Monday, September 19th. The stock was 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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