Zoopla Property Group PLC (ZPLA) Stock Rating Reaffirmed by Macquarie
Zoopla Property Group PLC (LON:ZPLA)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Macquarie in a report issued on Thursday. They presently have a GBX 360 ($4.47) price target on the stock. Macquarie’s price target suggests a potential upside of 7.49% from the company’s previous close.
A number of other analysts also recently issued reports on the company. Deutsche Bank AG raised their price objective on Zoopla Property Group PLC from GBX 300 ($3.72) to GBX 315 ($3.91) and gave the stock a “hold” rating in a research report on Thursday. Beaufort Securities reissued a “buy” rating on shares of Zoopla Property Group PLC in a research report on Thursday. Barclays PLC reissued an “overweight” rating and set a GBX 370 ($4.59) price objective (up from GBX 355 ($4.40)) on shares of Zoopla Property Group PLC in a research report on Thursday. Numis Securities Ltd reissued an “add” rating and set a GBX 360 ($4.47) price objective on shares of Zoopla Property Group PLC in a research report on Wednesday. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 390 ($4.84) price objective on shares of Zoopla Property Group PLC in a research report on Monday, November 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. Zoopla Property Group PLC has a consensus rating of “Hold” and a consensus price target of GBX 329.53 ($4.09).
Zoopla Property Group PLC (LON:ZPLA) opened at 335.40 on Thursday. Zoopla Property Group PLC has a 12 month low of GBX 189.62 and a 12 month high of GBX 349.00. The stock’s market capitalization is GBX 1.39 billion. The company has a 50 day moving average of GBX 313.15 and a 200 day moving average of GBX 305.85.
The firm also recently announced a dividend, which will be paid on Thursday, February 9th. Investors of record on Thursday, December 15th will be paid a dividend of GBX 3.70 ($0.05) per share. This is a boost from Zoopla Property Group PLC’s previous dividend of $1.50. The ex-dividend date is Thursday, December 15th. This represents a yield of 1.1%.
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In other Zoopla Property Group PLC news, insider Robin Klein bought 30,750 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The stock was purchased at an average price of GBX 326 ($4.04) per share, for a total transaction of £100,245 ($124,358.02). Also, insider Chesterman,Alex sold 4,250,000 shares of the business’s stock in a transaction that occurred on Monday, September 19th. The stock was sold at an average price of GBX 325 ($4.03), for a total value of £13,812,500 ($17,134,970.85).
About Zoopla Property Group PLC
Zoopla Property Group Plc is a provider of digital media and lead generation platform that owns and operates digital consumer brands, including Zoopla, uSwitch and PrimeLocation. The Company has two divisions: Property Services and Comparison Services. The Property Services division includes the United Kingdom (UK) Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other Property Services, which represents overseas property advertising services, display advertising and data services.
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