Investment analysts at RBC Capital began coverage on shares of Zillow (NASDAQ: Z) in a note issued to investors on Friday. The firm set an “outperform” rating and a $60.00 price target on the stock.

Shares of Zillow (NASDAQ: Z) traded up 1.04% during mid-day trading on Friday, hitting $55.39. Zillow has a one year low of $23.00 and a one year high of $56.73. The stock’s 50-day moving average is currently $44.45. The company has a market cap of $1.880 billion and a P/E ratio of 304.56.

Several other analysts have also recently commented on the stock. Analysts at Pacific Crest raised their price target on shares of Zillow from $48.00 to $60.00 in a research note to investors on Wednesday, March 13th. They now have an “outperform” rating on the stock. Separately, analysts at Benchmark Co. raised their price target on shares of Zillow from $40.00 to $60.00 in a research note to investors on Friday, March 8th. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Zillow from $42.00 to $45.00 in a research note to investors on Thursday, February 14th. They now have a “buy” rating on the stock.

Zillow, Inc. (NASDAQ: Z) is a real estate information marketplace. The Company provides information about homes, real estate listings and mortgages, through its Website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals.

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