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Zillow Group (NASDAQ:ZG) stock price target increased to $40.00, issued a research note today by Needham

In a report released on 10/07/2016 Needham increased the stock price target of Zillow Group (NASDAQ:ZG) to $40.00 reporting a possible upside of 0.21%.

Previously on 10/06/2016, Zacks Investment Research released a statement about Zillow Group (NASDAQ:ZG) increased the target price from $0.00 to $38.00. At the time, this indicated a possible upside of 0.14%.

Just yesterday Zillow Group (NASDAQ:ZG) traded -0.60% lower at $33.17. Zillow Group’s 50-day moving average is $34.27 and its 200-day moving average is $31.80. The last stock price is up 3.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 453,466 shares of ZG traded hands, down from an average trading volume of 573,192

Recent Performance Chart

Zillow Group (NASDAQ:ZG)

Zillow Group has 52 week low of $16.45 and a 52 week high of $39.99 and has a market capitalization of $0.

In addition to Needham reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The average stock price target is $29.80 with 2 brokerages rating the stock a strong buy, 6 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Zillow Group (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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