JMP Securities analyst Nicholas Jones CFA maintained a Buy rating on Zillow Group Class A (ZG – Research Report) today and set a price target of $68.00. The company’s shares closed yesterday at $52.06.
Jones CFA covers the Consumer Cyclical sector, focusing on stocks such as Chewy, Amazon, and Etsy. According to TipRanks, Jones CFA has an average return of 25.0% and a 52.89% success rate on recommended stocks.
In addition to JMP Securities, Zillow Group Class A also received a Buy from Craig-Hallum’s Jason Kreyer in a report issued yesterday. However, on February 6, Bank of America Securities maintained a Hold rating on Zillow Group Class A (NASDAQ: ZG).
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The company has a one-year high of $58.82 and a one-year low of $33.23. Currently, Zillow Group Class A has an average volume of 701.2K.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZG in relation to earlier this year.
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Zillow Group Class A (ZG) Company Description:
Washinton-based Zillow Group, Inc. is an online real estate marketplace company. The company provides real estate and home-related information marketplaces on mobile and the web. It operates through three segments: Internet, Media & Technology (IMT), Homes, and Mortgages segment.
Read More on ZG:
- Zillow Group Reports Fourth-Quarter and Full-Year 2023 Financial Results
- ZG Upcoming Earnings Report: What to Expect?
- CoStar launching $1B campaign to market Homes.com, WBJ reports
- Zillow Group price target raised to $70 from $58 at Piper Sandler
- Zillow Group price target raised to $66 from $60 at RBC Capital
