Zillow Group, Inc. (NASDAQ:ZG) price target upped to $40.00, released a research note earlier today by Needham & Company LLC
- Updated: October 7, 2016
Stating a potential upside of 0.20%, Needham & Company LLC upped the price target of Zillow Group, Inc. (NASDAQ:ZG) to $40.00
On 10/6/2016, Zacks Investment Research reported about Zillow Group, Inc. (NASDAQ:ZG) increased the target price from $0.00 to $38.00 that suggested an upside of 0.14%.
Having a price of $33.38, Zillow Group, Inc. (NASDAQ:ZG) traded -0.60% lower on the day. With the last close up 3.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Zillow Group, Inc. has recorded a 50-day average of $34.27 and a two hundred day average of $31.80. Volume of trade was down over the average, with 453,466 shares of ZG changing hands under the typical 573,192
Recent Performance Chart
Zillow Group, Inc. has one year low of $16.45 and a one year high of $39.99 and has a market cap of $0.
In addition to Needham & Company LLC reporting its target price, a total of 15 equity analysts have released a ratings update on ZG. The one year target is $29.80 with two equity analysts rating the company a strong buy, six equity analysts rating the company a buy, ten equity analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Zillow Group, Inc. (NASDAQ:ZG)
Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to help people find vital information about homes, and connect with local professionals. The companyÂ’s brands focus on various stages of the home lifecycle, such as renting, buying, selling, financing, and home improvement. Its portfolio of consumer brands includes real estate and rental marketplaces comprising Zillow, Trulia, StreetEasy, and HotPads. The company also provides advertising services to real estate agents and rental and mortgage professionals; and owns and operates various brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions, and Retsly. Zillow Group, Inc. was incorporated in 2004 and is headquartered in Seattle, Washington.
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