Zillow Group – Class A (ZG) is Reiterated by RBC Capital Mkts to Outperform, Raises Price Target to $ 42

Zillow Group – Class A (ZG) was Reiterated by RBC Capital Mkts to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 42 from a previous price target of $36 . RBC Capital Mkts advised their investors in a research report released on Aug 5, 2016.

Many Wall Street Analysts have commented on Zillow Group – Class A. Company shares were Reiterated by Canaccord Genuity on Aug 5, 2016 to “Buy”, Firm has raised the Price Target to $ 42 from a previous price target of $40 .Company shares were Reiterated by The Benchmark Company on Aug 5, 2016 to “Buy”, Firm has raised the Price Target to $ 43 from a previous price target of $34 .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 .

On the company’s financial health, Zillow Group – Class A reported $-0.71 EPS for the quarter, missing the analyst consensus estimate by $ -0.67 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.04. The company had revenue of $208.40 million for the quarter, compared to analysts expectations of $206.00 million. The company’s revenue was up 31.3% compared to the same quarter last year.

Zillow Group - Class A

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