Zillow Group – Class A (ZG) was Reiterated by Canaccord Genuity to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 42 from a previous price target of $40 . Canaccord Genuity 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 Mizuho on Jun 7, 2016 to “Neutral”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Company shares were Upgraded by Barclays on Jun 7, 2016 to ” Equal Weight”, Firm has raised the Price Target to $ 32 from a previous price target of $20 .Mizuho Initiated Zillow Group – Class A on May 31, 2016 to “Neutral”, Price Target of the shares are set at $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.