Zoopla Property Group PLC’s “Overweight” Rating Reaffirmed at Barclays (ZPLA)
Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “overweight” rating reiterated by stock analysts at Barclays in a report issued on Friday. They currently have a GBX 315 ($5.28) price objective on the stock. Barclays’ target price points to a potential upside of 24.51% from the company’s current price.
Zoopla Property Group PLC (LON:ZPLA) traded up 0.60% on Friday, hitting GBX 251.50. The stock had a trading volume of 135,470 shares. Zoopla Property Group PLC has a 52 week low of GBX 220.00 and a 52 week high of GBX 275.25. The stock has a 50-day moving average of GBX 246.2 and a 200-day moving average of GBX 244.3. The company’s market cap is £1.027 billion.
A number of other analysts have also recently weighed in on ZPLA. Analysts at Credit Suisse initiated coverage on shares of Zoopla Property Group PLC in a research note on Thursday. They set an “outperform” rating and a GBX 290 ($4.86) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Zoopla Property Group PLC in a research note on Thursday. They now have a GBX 271 ($4.55) price target on the stock. Finally, analysts at Nomura initiated coverage on shares of Zoopla Property Group PLC in a research note on Tuesday. They set a “buy” rating and a GBX 350 ($5.87) price target on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 310.20 ($5.20).
Zoopla Property Group Plc operates as a digital media business in the United Kingdom residential property market by providing property search and research services to users and property marketing and data services to property professionals (LON:ZPLA).
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