Shore Capital Initiates Coverage on Zoopla Property Group PLC (ZPLA)
Equities research analysts at Shore Capital started coverage on shares of Zoopla Property Group PLC (LON:ZPLA) in a research report issued on Monday. The brokerage set a “buy” rating on the stock.
Other research analysts have also recently issued reports about the stock. Numis Securities Ltd boosted their target price 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 note on Thursday, June 16th. Berenberg Bank upped 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 note on Monday, July 11th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 375 ($4.89) target price on shares of Zoopla Property Group PLC in a report on Monday, June 27th. Jefferies Group upped their target price on shares of Zoopla Property Group PLC from GBX 430 ($5.61) to GBX 440 ($5.74) and gave the stock a “buy” rating in a report on Tuesday, September 20th. Finally, Barclays PLC decreased their target price on shares of Zoopla Property Group PLC from GBX 335 ($4.37) to GBX 250 ($3.26) and set an “equal weight” rating on the stock in a report on Monday, July 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 315.81 ($4.12).
Zoopla Property Group PLC (LON:ZPLA) opened at 332.50 on Monday. The stock’s 50 day moving average is GBX 320.74 and its 200 day moving average is GBX 295.16. Zoopla Property Group PLC has a one year low of GBX 189.62 and a one year high of GBX 349.00. The company’s market capitalization is GBX 1.38 billion.
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In other news, insider Chesterman,Alex sold 4,250,000 shares of Zoopla Property Group PLC stock in a transaction that occurred 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 purchased 30,750 shares of Zoopla Property Group PLC stock in a transaction dated Friday, September 30th. The stock was bought at an average price of GBX 326 ($4.26) per share, with a total value of £100,245 ($130,851.06).
About Zoopla Property Group PLC
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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