Zillow Group with ticker code (ZG) have now 20 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 78 and 34 calculating the mean target price we have 48.3. Given that the stocks previous close was at 37.3 this indicates there is a potential upside of 29.5%. The 50 day moving average now sits at 41.59 while the 200 day moving average is 61.29. The company has a market capitalisation of $8,744m. Company Website: https://www.zillowgroup.com
The potential market cap would be $11,323m based on the market concensus.
Zillow Group, a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. The company operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The Homes segment is involved in resale of homes; and title and escrow services to home buyers and sellers, including title search procedures for title insurance policies, escrow, and other closing services. The IMT segment offers premier agent, rentals, and new construction marketplaces, as well as dotloop, display, and other advertising, as well as business software solutions. The Mortgage segment provides home loans; and marketing products including custom quote and connect services. Its portfolio of brands includes Zillow Rentals, Trulia, StreetEasy, Zillow Closing Services, HotPads, and Out East. The company was incorporated in 2004 and is headquartered in Seattle, Washington.