Zillow Group, Inc. (NASDAQ:ZG) had its price target hoisted by analysts at Cowen and Company from $37.00 to $40.00 in a note issued to investors on Monday, May 15th, StockTargetPrices.com reports. The brokerage presently has a “market perform” rating on the technology company’s stock. Cowen and Company’s price objective would indicate a potential downside of 12.24% from the stock’s current price.

A number of other equities analysts have also recently commented on ZG. Royal Bank Of Canada reissued a “buy” rating and issued a $42.00 price objective on shares of Zillow Group in a research note on Monday, February 6th. Mizuho dropped their price target on shares of Zillow Group from $38.00 to $33.00 and set a “neutral” rating for the company in a research note on Wednesday, February 8th. Needham & Company LLC lifted their price target on shares of Zillow Group from $40.00 to $41.00 and gave the stock a “buy” rating in a research note on Wednesday, February 8th. JMP Securities reaffirmed an “outperform” rating and set a $43.00 price target on shares of Zillow Group in a research note on Wednesday, February 8th. Finally, Stifel Nicolaus raised shares of Zillow Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $36.00 to $43.00 in a research note on Tuesday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $39.80.

Analyst Recommendations for Zillow Group (NASDAQ:ZG)

Shares of Zillow Group (NASDAQ ZG) traded up 0.31% on Monday, hitting $45.58. The stock had a trading volume of 394,174 shares. Zillow Group has a 1-year low of $31.17 and a 1-year high of $46.17. The firm has a 50-day moving average of $43.30 and a 200 day moving average of $37.73. The company’s market capitalization is $8.35 billion.

Zillow Group (NASDAQ:ZG) last issued its quarterly earnings data on Thursday, May 4th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by $0.08. Zillow Group had a negative return on equity of 5.65% and a negative net margin of 19.58%. The business had revenue of $245.80 million during the quarter, compared to analysts’ expectations of $236.04 million. During the same period in the previous year, the business earned ($0.13) earnings per share. The business’s quarterly revenue was up 32.2% on a year-over-year basis. On average, equities analysts anticipate that Zillow Group will post $0.45 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of ZG. Motley Fool Wealth Management LLC raised its stake in Zillow Group by 0.5% in the fourth quarter. Motley Fool Wealth Management LLC now owns 109,763 shares of the technology company’s stock valued at $4,001,000 after buying an additional 493 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in Zillow Group by 8.8% in the first quarter. Oppenheimer & Co. Inc. now owns 8,687 shares of the technology company’s stock valued at $294,000 after buying an additional 700 shares in the last quarter. California State Teachers Retirement System raised its stake in Zillow Group by 0.9% in the third quarter. California State Teachers Retirement System now owns 110,289 shares of the technology company’s stock valued at $3,799,000 after buying an additional 1,000 shares in the last quarter. Global Endowment Management LP raised its stake in Zillow Group by 0.8% in the third quarter. Global Endowment Management LP now owns 182,356 shares of the technology company’s stock valued at $6,283,000 after buying an additional 1,450 shares in the last quarter. Finally, TIAA CREF Investment Management LLC raised its stake in Zillow Group by 1.0% in the third quarter. TIAA CREF Investment Management LLC now owns 151,663 shares of the technology company’s stock valued at $5,225,000 after buying an additional 1,450 shares in the last quarter. Institutional investors and hedge funds own 26.78% of the company’s stock.

Stock Target Prices

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