Zillow Group – Class A (ZG) was Upgraded by Barclays to ” Equal Weight” according to the research note released today. The brokerage firm has raised the Price Target to $ 32 from a previous price target of $20 . Earlier the firm had a rating of “Underweight ” on the company shares. Barclays advised their investors in a research report released on Jun 7, 2016.
Many Wall Street Analysts have commented on Zillow Group – Class A. Company shares were Reiterated by Mizuho on Jun 7, 2016 to “Neutral”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Mizuho Initiated Zillow Group – Class A on May 31, 2016 to “Neutral”, Price Target of the shares are set at $30.Company shares were Reiterated by Canaccord Genuity on May 4, 2016 to “Buy”, Firm has raised the Price Target to $ 34 from a previous price target of $26 .
On the company’s financial health, Zillow Group – Class A reported $-0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $-0.10. The company had revenue of $186.00 million for the quarter, compared to analysts expectations of $176.52 million. The company’s revenue was up 46.1% compared to the same quarter last year.