Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “overweight” rating reissued by analysts at Barclays PLC in a report issued on Thursday. They currently have a GBX 370 ($4.59) price objective on the stock. Barclays PLC’s price target would suggest a potential upside of 10.48% from the stock’s previous close.

ZPLA has been the topic of a number of other research reports. Numis Securities Ltd reissued an “add” rating and set a GBX 360 ($4.47) price target on shares of Zoopla Property Group PLC in a research note on Wednesday. Canaccord Genuity increased their price target on Zoopla Property Group PLC from GBX 375 ($4.65) to GBX 390 ($4.84) and gave the stock a “buy” rating in a research note on Friday, September 16th. Jefferies Group increased their price target on Zoopla Property Group PLC from GBX 430 ($5.33) to GBX 440 ($5.46) and gave the stock a “buy” rating in a research note on Tuesday, September 20th. Macquarie increased their price target on Zoopla Property Group PLC from GBX 309 ($3.83) to GBX 360 ($4.47) and gave the stock an “outperform” rating in a research note on Monday, September 19th. Finally, Berenberg Bank increased their price target on Zoopla Property Group PLC from GBX 320 ($3.97) to GBX 400 ($4.96) and gave the stock a “buy” rating in a research note on Wednesday, October 19th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 328.53 ($4.08).

Analyst Recommendations for Zoopla Property Group PLC (LON:ZPLA)

Zoopla Property Group PLC (LON:ZPLA) opened at 334.90 on Thursday. The company has a 50-day moving average price of GBX 313.15 and a 200-day moving average price of GBX 305.85. The stock’s market capitalization is GBX 1.39 billion. Zoopla Property Group PLC has a 12-month low of GBX 189.62 and a 12-month high of GBX 349.30.

The company also recently disclosed a dividend, which will be paid on Thursday, February 9th. Shareholders of record on Thursday, December 15th will be given a GBX 3.70 ($0.05) dividend. This is a boost from Zoopla Property Group PLC’s previous dividend of $1.50. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 15th.

TRADEMARK VIOLATION WARNING: This article was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://www.thecerbatgem.com/2016/12/01/zoopla-property-group-plcs-zpla-overweight-rating-reaffirmed-at-barclays-plc.html.

In related news, insider Robin Klein purchased 30,750 shares of Zoopla Property Group PLC stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of GBX 326 ($4.04) per share, with a total value of £100,245 ($124,358.02). Also, insider Chesterman,Alex sold 4,250,000 shares of the stock in a transaction dated Monday, September 19th. The stock was sold at an average price of GBX 325 ($4.03), for a total transaction of £13,812,500 ($17,134,970.85).

About Zoopla Property Group PLC

Zoopla Property Group Plc is a provider of digital media and lead generation platform that owns and operates digital consumer brands, including Zoopla, uSwitch and PrimeLocation. The Company has two divisions: Property Services and Comparison Services. The Property Services division includes the United Kingdom (UK) Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other Property Services, which represents overseas property advertising services, display advertising and data services.

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.