Zillow Group – Consensus Indicates Potential -7.4% Downside

Broker Ratings

Zillow Group found using ticker (Z) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 52 and 31 calculating the mean target price we have 40.5. With the stocks previous close at 43.73 this would imply there is a potential downside of -7.4%. The 50 day moving average now sits at 37.42 and the 200 day moving average is 35.95. The market capitalisation for the company is $10,509m. Visit the company website at: https://www.zillowgroup.com

The potential market cap would be $9,733m based on the market concensus.

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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.

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