KeyCorp reiterated their overweight rating on shares of Zillow Group (NASDAQ:ZG) in a research note published on Friday, Briefing.com Automated Import reports. KeyCorp currently has a $66.00 price target on the technology company’s stock.
Several other research analysts have also recently issued reports on ZG. Craig Hallum cut shares of Barnes & Noble from a buy rating to a hold rating and set a $7.00 target price for the company. in a report on Friday, June 7th. SunTrust Banks started coverage on shares of Zillow Group in a report on Tuesday, July 9th. They set a buy rating and a $49.39 target price for the company. Benchmark reissued a buy rating and set a $18.00 target price on shares of TEGNA in a report on Friday, May 10th. Cowen started coverage on shares of Kontoor Brands in a report on Monday, April 8th. They set a neutral rating and a $7.50 target price for the company. Finally, Barclays reissued a hold rating on shares of Mettler-Toledo International in a report on Wednesday, May 15th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of Hold and a consensus price target of $46.09.
Shares of ZG stock opened at $46.77 on Friday. The stock has a market capitalization of $9.60 billion, a price-to-earnings ratio of -179.88 and a beta of 0.82. The company’s 50 day simple moving average is $46.04. The company has a current ratio of 4.73, a quick ratio of 3.98 and a debt-to-equity ratio of 0.25. Zillow Group has a 52-week low of $26.20 and a 52-week high of $63.97.
A number of large investors have recently bought and sold shares of ZG. Norges Bank acquired a new position in shares of Zillow Group in the 4th quarter worth approximately $28,753,000. State of Wisconsin Investment Board lifted its holdings in shares of Zillow Group by 94.0% in the 1st quarter. State of Wisconsin Investment Board now owns 1,819,535 shares of the technology company’s stock worth $62,228,000 after acquiring an additional 881,815 shares during the last quarter. FMR LLC lifted its holdings in shares of Zillow Group by 241.4% in the 4th quarter. FMR LLC now owns 528,637 shares of the technology company’s stock worth $16,615,000 after acquiring an additional 373,785 shares during the last quarter. Two Sigma Investments LP acquired a new position in shares of Zillow Group in the 4th quarter worth approximately $6,137,000. Finally, Two Sigma Advisers LP acquired a new position in shares of Zillow Group in the 4th quarter worth approximately $4,492,000. Institutional investors own 24.15% of the company’s stock.
Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related brands on mobile and the Web in the United States. The company offers a portfolio of brands and products to empowering consumers with unparalleled data, inspiration, and knowledge around homes and connecting them with real estate professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
Featured Article: How to find the components of the quick ratio
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.