Zillow Group which can be found using ticker (Z) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 60 and 34 with the average target price sitting at $50.69. Given that the stocks previous close was at $41.53 this now indicates there is a potential upside of 22.1%. The 50 day moving average now sits at $42.74 while the 200 day moving average is $36.23. The total market capitalization for the company now stands at $9,464m. Visit the company website at: https://www.zillowgroup.com
The potential market cap would be $11,551m based on the market consensus.
Zillow Group operates real estate brands on mobile applications and Websites in the United States. The company operates through Internet, Media & Technology (IMT); Mortgages; and Homes segments. Its IMT segment offers premier agent and rentals marketplaces, as well as other services, which includes new construction marketplace, advertising, and business technology solutions, as well as display and dotloop and floor plans. The company’s Mortgages segment provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage services. Its Homes segment offers title and escrow services. The company’s brand portfolio includes Zillow Premier Agent, Zillow Home Loans, Zillow Closing Services, Zillow Rentals, Trulia, StreetEasy, HotPads, and Out East; and Mortech, a suite of marketing software and technology solutions for the real estate industry, as well as New Home Feed and ShowingTime+, and Bridge Interactive. Zillow Group was incorporated in 2004 and is headquartered in Seattle, Washington.
The company is not paying dividends at this time.
