Zoopla Property Group PLC’s (ZPLA) “Outperform” Rating Reaffirmed at Credit Suisse Group AG
Credit Suisse Group AG reiterated their outperform rating on shares of Zoopla Property Group PLC (LON:ZPLA) in a research note published on Friday. They currently have a GBX 390 ($5.09) price objective on the stock.
Other equities research analysts have also issued research reports about the company. Numis Securities Ltd boosted 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 research report on Thursday, June 16th. Berenberg Bank boosted their price objective on Zoopla Property Group PLC from GBX 300 ($3.92) to GBX 320 ($4.18) and gave the stock a buy rating in a research report on Monday, July 11th. Canaccord Genuity restated a buy rating and set a GBX 375 ($4.89) price objective on shares of Zoopla Property Group PLC in a research report on Monday, June 27th. Jefferies Group boosted their price objective on Zoopla Property Group PLC from GBX 430 ($5.61) to GBX 440 ($5.74) and gave the stock a buy rating in a research report on Tuesday, September 20th. Finally, Barclays PLC reduced their price objective on Zoopla Property Group PLC from GBX 335 ($4.37) to GBX 250 ($3.26) and set an equal weight rating on the stock in a research report on Monday, July 4th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 315.81 ($4.12).
Zoopla Property Group PLC (LON:ZPLA) traded down 0.30% during mid-day trading on Friday, hitting GBX 327.40. The stock had a trading volume of 436,289 shares. The stock’s 50 day moving average price is GBX 320.74 and its 200 day moving average price is GBX 295.16. Zoopla Property Group PLC has a one year low of GBX 189.62 and a one year high of GBX 349.00. The firm’s market capitalization is GBX 1.36 billion.
In related news, insider Chesterman,Alex sold 4,250,000 shares of the stock in a transaction on Monday, September 19th. The stock was sold at an average price of GBX 325 ($4.24), for a total value of £13,812,500 ($18,029,630.60). Also, insider Robin Klein acquired 30,750 shares of the stock in a transaction that occurred on Friday, September 30th. The stock was acquired at an average price of GBX 326 ($4.26) per share, for a total transaction of £100,245 ($130,851.06).
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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