Zoopla Property Group PLC (LON:ZPLA) had its target price raised by equities research analysts at Berenberg Bank from GBX 320 ($3.90) to GBX 400 ($4.88) in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 23.69% from the company’s current price.
Several other research analysts also recently weighed in on ZPLA. Credit Suisse Group AG restated an “outperform” rating and set a GBX 360 ($4.39) price target on shares of Zoopla Property Group PLC in a research report on Monday, July 4th. Peel Hunt reissued a “hold” rating and issued a GBX 265 ($3.23) price target on shares of Zoopla Property Group PLC in a research note on Thursday, September 8th. Macquarie reissued an “outperform” rating and issued a GBX 360 ($4.39) price target on shares of Zoopla Property Group PLC in a research note on Monday. Canaccord Genuity increased their price target on shares of Zoopla Property Group PLC from GBX 375 ($4.57) to GBX 390 ($4.75) and gave the company a “buy” rating in a research note on Friday, September 16th. Finally, Panmure Gordon cut shares of Zoopla Property Group PLC to a “sell” rating and set a GBX 225 ($2.74) price target for the company. in a research note on Thursday, July 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 322.06 ($3.93).
Zoopla Property Group PLC (LON:ZPLA) opened at 323.40 on Wednesday. Zoopla Property Group PLC has a 12-month low of GBX 189.62 and a 12-month high of GBX 349.00. The stock’s market cap is GBX 1.34 billion. The firm’s 50 day moving average price is GBX 324.77 and its 200-day moving average price is GBX 299.27.
In other news, insider Chesterman,Alex sold 4,250,000 shares of the firm’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of GBX 325 ($3.96), for a total value of £13,812,500 ($16,834,247.41). Also, insider Robin Klein acquired 30,750 shares of Zoopla Property Group PLC stock in a transaction dated Friday, September 30th. The stock was purchased at an average price of GBX 326 ($3.97) per share, for a total transaction of £100,245 ($122,175.50).
Zoopla Property Group PLC Company Profile
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.
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