Zoopla Property Group PLC (ZPLA) Receives Outperform Rating from Credit Suisse Group AG
Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse Group AG in a research note issued on Friday. They currently have a GBX 390 ($5.09) target price on the stock. Credit Suisse Group AG’s target price would indicate a potential upside of 18.76% from the company’s previous close.
A number of other equities research analysts also recently weighed in on ZPLA. Peel Hunt reiterated a “hold” rating and issued a GBX 265 ($3.46) price target on shares of Zoopla Property Group PLC in a research report on Thursday, September 8th. Numis Securities Ltd lifted their price target on shares of Zoopla Property Group PLC from GBX 285 ($3.72) to GBX 340 ($4.44) and gave the company an “add” rating in a research report on Thursday, June 16th. Canaccord Genuity lifted their price target on shares of Zoopla Property Group PLC from GBX 375 ($4.89) to GBX 390 ($5.09) and gave the company a “buy” rating in a research report on Friday, September 16th. Panmure Gordon downgraded shares of Zoopla Property Group PLC to a “sell” rating and set a GBX 225 ($2.94) price target for the company. in a research report on Thursday, July 14th. Finally, Berenberg Bank lifted their price target on shares of Zoopla Property Group PLC from GBX 300 ($3.92) to GBX 320 ($4.18) and gave the company a “buy” rating in a research report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 315.81 ($4.12).
Shares of Zoopla Property Group PLC (LON:ZPLA) traded down 1.59% on Friday, reaching GBX 328.40. The company’s stock had a trading volume of 346,790 shares. The company’s market cap is GBX 1.36 billion. Zoopla Property Group PLC has a 52-week low of GBX 189.62 and a 52-week high of GBX 349.00. The firm has a 50 day moving average of GBX 321.23 and a 200 day moving average of GBX 295.11.
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In related news, insider Chesterman,Alex sold 4,250,000 shares of the business’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of GBX 325 ($4.24), for a total value of £13,812,500 ($18,029,630.60). Also, insider Robin Klein acquired 30,750 shares of Zoopla Property Group PLC stock in a transaction that occurred on Friday, September 30th. The stock was acquired at an average cost of GBX 326 ($4.26) per share, for a total transaction of £100,245 ($130,851.06).
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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