Beaufort Securities Reiterates “Buy” Rating for Zoopla Property Group PLC (ZPLA)
Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “buy” rating reissued by stock analysts at Beaufort Securities in a research note issued on Thursday.
Several other equities analysts have also issued reports on the company. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 370 ($4.59) price target (up previously from GBX 355 ($4.40)) on shares of Zoopla Property Group PLC in a research report on Thursday. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 360 ($4.47) price target on shares of Zoopla Property Group PLC in a research report on Wednesday. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 390 ($4.84) price target on shares of Zoopla Property Group PLC in a research report on Monday, November 21st. Jefferies Group reaffirmed a “buy” rating and issued a GBX 440 ($5.46) price target on shares of Zoopla Property Group PLC in a research report on Tuesday, November 1st. Finally, Berenberg Bank lifted their price target on Zoopla Property Group PLC from GBX 320 ($3.97) to GBX 400 ($4.96) and gave the stock a “buy” rating in a research report on Wednesday, October 19th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 329.53 ($4.09).
Shares of Zoopla Property Group PLC (LON:ZPLA) opened at 334.90 on Thursday. The stock has a 50 day moving average of GBX 313.15 and a 200-day moving average of GBX 305.85. The stock’s market capitalization is GBX 1.39 billion. Zoopla Property Group PLC has a one year low of GBX 189.62 and a one year high of GBX 349.30.
The business also recently disclosed a dividend, which will be paid on Thursday, February 9th. Investors of record on Thursday, December 15th will be paid a dividend of GBX 3.70 ($0.05) per share. The ex-dividend date is Thursday, December 15th. This is an increase from Zoopla Property Group PLC’s previous dividend of $1.50. This represents a dividend yield of 1.1%.
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In related news, insider Robin Klein acquired 30,750 shares of the business’s stock in a transaction that occurred on Friday, September 30th. The stock was bought at an average cost of GBX 326 ($4.04) per share, for a total transaction of £100,245 ($124,358.02). Also, insider Chesterman,Alex sold 4,250,000 shares of the business’s stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of GBX 325 ($4.03), for a total value of £13,812,500 ($17,134,970.85).
About Zoopla Property Group PLC
Zoopla Property Group Plc is a provider of digital media and lead generation platform that owns and operates digital consumer brands, including Zoopla, uSwitch and PrimeLocation. The Company has two divisions: Property Services and Comparison Services. The Property Services division includes the United Kingdom (UK) Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other Property Services, which represents overseas property advertising services, display advertising and data services.
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