Barclays PLC Raises Zoopla Property Group PLC (ZPLA) Price Target to GBX 355
Zoopla Property Group PLC (LON:ZPLA) had its target price increased by Barclays PLC from GBX 335 ($4.37) to GBX 355 ($4.63) in a report published on Monday morning. They currently have an overweight rating on the stock.
ZPLA has been the topic of a number of other reports. Canaccord Genuity reissued a buy rating and set a GBX 390 ($5.09) target price on shares of Zoopla Property Group PLC in a report on Wednesday, September 28th. Berenberg Bank boosted their target price on shares of Zoopla Property Group PLC from GBX 300 ($3.92) to GBX 320 ($4.18) and gave the stock a buy rating in a report on Monday, July 11th. Credit Suisse Group AG reissued an outperform rating and set a GBX 390 ($5.09) target price on shares of Zoopla Property Group PLC in a report on Wednesday, September 28th. 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. Finally, Macquarie upped their price objective on shares of Zoopla Property Group PLC from GBX 309 ($4.03) to GBX 360 ($4.70) and gave the company an outperform rating in a research note on Monday, September 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 315.81 ($4.12).
Shares of Zoopla Property Group PLC (LON:ZPLA) opened at 338.90 on Monday. Zoopla Property Group PLC has a 52 week low of GBX 189.62 and a 52 week high of GBX 349.00. The firm’s market capitalization is GBX 1.40 billion. The firm has a 50-day moving average of GBX 319.58 and a 200 day moving average of GBX 294.60.
In other news, insider Chesterman,Alex sold 4,250,000 shares of the stock in a transaction dated 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 bought 30,750 shares of the stock in a transaction dated Friday, September 30th. The stock was purchased 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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