Zoopla Property Group PLC’s (ZPLA) Outperform Rating Reaffirmed at Macquarie
Macquarie restated their outperform rating on shares of Zoopla Property Group PLC (LON:ZPLA) in a report published on Monday morning. The brokerage currently has a GBX 360 ($4.39) price target on the stock.
Several other research firms have also issued reports on ZPLA. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 300 ($3.66) price objective on shares of Zoopla Property Group PLC in a research note on Wednesday, October 12th. Barclays PLC reduced their price objective on shares of Zoopla Property Group PLC from GBX 335 ($4.08) to GBX 250 ($3.05) and set an equal weight rating for the company in a research note on Monday, July 4th. Credit Suisse Group AG reaffirmed an outperform rating and issued a GBX 390 ($4.75) price objective on shares of Zoopla Property Group PLC in a research note on Friday, October 7th. Shore Capital initiated coverage on shares of Zoopla Property Group PLC in a research note on Monday, October 10th. They issued a buy rating for the company. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 375 ($4.57) target price on shares of Zoopla Property Group PLC in a report on Monday, June 27th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. Zoopla Property Group PLC has a consensus rating of Hold and an average target price of GBX 317.06 ($3.86).
Zoopla Property Group PLC (LON:ZPLA) opened at 323.50 on Monday. The firm’s 50 day moving average price is GBX 325.42 and its 200-day moving average price is GBX 298.73. Zoopla Property Group PLC has a 52 week low of GBX 189.62 and a 52 week high of GBX 349.00. The stock’s market cap is GBX 1.34 billion.
In other news, insider Robin Klein purchased 30,750 shares of Zoopla Property Group PLC stock in a transaction on Friday, September 30th. The shares were purchased at an average cost of GBX 326 ($3.97) per share, for a total transaction of £100,245 ($122,175.50). Also, insider Chesterman,Alex sold 4,250,000 shares of the business’s stock in a transaction dated Monday, September 19th. The shares were sold at an average price of GBX 325 ($3.96), for a total transaction of £13,812,500 ($16,834,247.41).
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.
Receive News & Stock Ratings for Zoopla Property Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoopla Property Group PLC and related stocks with our FREE daily email newsletter.