Zillow Group – Class A (ZG) is Reiterated by RBC Capital Mkts to Outperform, Raises Price Target to $ 36

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 $ 36 from a previous price target of $34 . RBC Capital Mkts advised their investors in a research report released on May 4, 2016.

Many Wall Street Analysts have commented on Zillow Group – Class A. 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 .Shares were Reiterated by RBC Capital Mkts on Feb 12, 2016 to “Sector Perform” and Lowered the Price Target to $ 21 from a previous price target of $34 .Shares were Reiterated by Canaccord Genuity on Feb 12, 2016 to “Buy” and Lowered the Price Target to $ 26 from a previous price target of $32 .

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.

Zillow Group - Class A

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