Zoopla Property Group PLC (ZPLA) Price Target Raised to GBX 360
Zoopla Property Group PLC (LON:ZPLA) had its price target increased by Macquarie from GBX 309 ($4.03) to GBX 360 ($4.70) in a research note released on Monday. They currently have an outperform rating on the stock.
ZPLA has been the subject of a number of other research reports. Barclays PLC raised shares of Zoopla Property Group PLC to an overweight rating and upped their price objective for the company from GBX 250 ($3.26) to GBX 335 ($4.37) in a research note on Monday, September 5th. Numis Securities Ltd upped their price objective on shares of Zoopla Property Group PLC from GBX 340 ($4.44) to GBX 360 ($4.70) and gave the company an add rating in a research note 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 objective for the company. in a research note on Thursday, July 14th. Peel Hunt reissued a hold rating and set a GBX 265 ($3.46) target price on shares of Zoopla Property Group PLC in a research report on Thursday, September 8th. Finally, BNP Paribas reissued a neutral rating and set a GBX 310 ($4.05) target price on shares of Zoopla Property Group PLC in a research report on Friday, September 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 312.69 ($4.08).
Zoopla Property Group PLC (LON:ZPLA) opened at 334.04 on Monday. The company has a 50-day moving average of GBX 311.79 and a 200-day moving average of GBX 288.10. Zoopla Property Group PLC has a 52 week low of GBX 189.62 and a 52 week high of GBX 343.00. The stock’s market cap is GBX 1.38 billion.
In related news, insider Chesterman,Alex sold 4,250,000 shares of the firm’s stock in a transaction on Monday, September 19th. The stock was 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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