Zillow Group found using ticker (ZG) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 55 and 28 with a mean TP of 41.11. Given that the stocks previous close was at 28.64 this would indicate that there is a potential upside of 43.5%. The 50 day moving average now sits at 32.55 and the 200 day moving average is 41.08. The market cap for the company is $7,069m. Company Website: https://www.zillowgroup.com
The potential market cap would be $10,147m 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.
