Zillow Group with ticker code (Z) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 55 and 31 calculating the mean target price we have 43.83. Given that the stocks previous close was at 28.05 this now indicates there is a potential upside of 56.3%. The 50 day moving average now sits at 33.36 and the 200 day MA is 42.32. The company has a market cap of $6,507m. Company Website: https://www.zillowgroup.com
The potential market cap would be $10,168m 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.
