A number of research firms have changed their ratings and price targets for Zillow Group (NASDAQ: ZG):

  • 8/10/2017 – Zillow Group had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $49.00 price target on the stock, up previously from $48.00.
  • 8/9/2017 – Zillow Group had its price target raised by analysts at Needham & Company LLC from $48.00 to $52.00. They now have a “buy” rating on the stock.
  • 8/9/2017 – Zillow Group had its price target raised by analysts at Canaccord Genuity from $50.00 to $52.00. They now have a “buy” rating on the stock.
  • 8/7/2017 – Zillow Group had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $50.00 price target on the stock, up previously from $44.00.
  • 7/17/2017 – Zillow Group is now covered by analysts at KeyCorp. They set an “equal weight” rating on the stock.
  • 6/22/2017 – Zillow Group had its “buy” rating reaffirmed by analysts at Craig Hallum.
  • 6/21/2017 – Zillow Group had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $53.00 price target on the stock, up previously from $45.00.
  • 6/19/2017 – Zillow Group had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $54.00 price target on the stock, up previously from $48.00.

Shares of Zillow Group, Inc. (NASDAQ ZG) traded up 2.239% during mid-day trading on Friday, reaching $41.151. The company’s stock had a trading volume of 280,564 shares. The company has a 50-day moving average of $46.41 and a 200-day moving average of $40.31. The company’s market cap is $7.63 billion. Zillow Group, Inc. has a 12 month low of $31.17 and a 12 month high of $50.91.

Zillow Group (NASDAQ:ZG) last announced its quarterly earnings results on Tuesday, August 8th. The technology company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.11. Zillow Group had a negative net margin of 4.47% and a negative return on equity of 0.40%. The firm had revenue of $266.85 million for the quarter, compared to the consensus estimate of $262.21 million. During the same period last year, the business earned ($0.71) EPS. Zillow Group’s revenue was up 28.0% on a year-over-year basis. Equities research analysts forecast that Zillow Group, Inc. will post $0.48 earnings per share for the current fiscal year.

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