Zoopla Property Group PLC (ZPLA) Rating Reiterated by Deutsche Bank AG
Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank AG in a research report issued on Wednesday. They presently have a GBX 300 ($3.71) price objective on the stock. Deutsche Bank AG’s price objective points to a potential downside of 8.98% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. Shore Capital assumed coverage on shares of Zoopla Property Group PLC in a report on Monday. They set a “buy” rating on the stock. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 390 ($4.83) price target on shares of Zoopla Property Group PLC in a report on Friday, October 7th. Barclays PLC lifted their price target on shares of Zoopla Property Group PLC from GBX 335 ($4.15) to GBX 355 ($4.39) and gave the company an “overweight” rating in a report on Monday, October 3rd. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 390 ($4.83) price target on shares of Zoopla Property Group PLC in a report on Wednesday, September 28th. Finally, Jefferies Group lifted their price target on shares of Zoopla Property Group PLC from GBX 430 ($5.32) to GBX 440 ($5.45) and gave the company a “buy” rating in a report on Tuesday, September 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 317.06 ($3.92).
Zoopla Property Group PLC (LON:ZPLA) opened at 331.90 on Wednesday. The stock’s 50 day moving average is GBX 322.12 and its 200 day moving average is GBX 296.97. Zoopla Property Group PLC has a 12-month low of GBX 189.62 and a 12-month high of GBX 349.00. The stock’s market capitalization is GBX 1.37 billion.
In related news, insider Chesterman,Alex sold 4,250,000 shares of the business’s stock in a transaction on Monday, September 19th. The stock was sold at an average price of GBX 325 ($4.02), for a total transaction of £13,812,500 ($17,094,678.22). Also, insider Robin Klein bought 30,750 shares of the stock in a transaction that occurred on Friday, September 30th. The shares were bought at an average cost of GBX 326 ($4.03) per share, with a total value of £100,245 ($124,065.59).
About Zoopla Property Group PLC
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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