Zoopla Property Group PLC (ZPLA) Coverage Initiated by Analysts at Shore Capital
Analysts at Shore Capital started coverage on shares of Zoopla Property Group PLC (LON:ZPLA) in a report released on Monday. The brokerage set a “buy” rating on the stock.
Several other equities research analysts also recently commented on ZPLA. 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 stock an “add” rating in a research report on Thursday, June 16th. Canaccord Genuity reissued a “buy” rating and set a GBX 375 ($4.89) target price on shares of Zoopla Property Group PLC in a research report on Monday, June 27th. BNP Paribas reissued a “neutral” rating and set a GBX 280 ($3.65) target price on shares of Zoopla Property Group PLC in a research report on Monday, June 27th. 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 for the company in a research report on Monday, July 4th. Finally, Credit Suisse Group AG reissued an “outperform” rating and set a GBX 360 ($4.70) target price on shares of Zoopla Property Group PLC in a research report on Monday, July 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 315.81 ($4.12).
Shares of Zoopla Property Group PLC (LON:ZPLA) opened at 333.00 on Monday. Zoopla Property Group PLC has a 12 month low of GBX 189.62 and a 12 month high of GBX 349.00. The firm’s 50-day moving average is GBX 320.74 and its 200 day moving average is GBX 295.16. The firm’s market capitalization is GBX 1.38 billion.
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In other Zoopla Property Group PLC news, insider Robin Klein purchased 30,750 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were bought at an average cost of GBX 326 ($4.26) per share, for a total transaction of £100,245 ($130,851.06). Also, insider Chesterman,Alex sold 4,250,000 shares of the company’s 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 transaction of £13,812,500 ($18,029,630.60).
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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