The Zoopla Property Group PLC (ZPLA) Now Covered by Analysts at Shore Capital

The Zoopla Property Group PLC (ZPLA) Now Covered by Analysts at Shore Capital

Shore Capital started coverage on shares of Zoopla Property Group PLC (LON:ZPLA) in a research report released on Monday. The brokerage issued a buy rating on the stock.

ZPLA has been the subject of several other reports. Canaccord Genuity reaffirmed a buy rating and issued a GBX 390 ($4.83) price objective on shares of Zoopla Property Group PLC in a report on Wednesday, September 28th. Berenberg Bank raised their price target on shares of Zoopla Property Group PLC from GBX 300 ($3.71) to GBX 320 ($3.96) and gave the company a buy rating in a report on Monday, July 11th. Credit Suisse Group AG reissued an outperform rating and issued a GBX 390 ($4.83) price target on shares of Zoopla Property Group PLC in a report on Wednesday, September 28th. Barclays PLC raised shares of Zoopla Property Group PLC to an overweight rating and raised their price target for the company from GBX 250 ($3.09) to GBX 335 ($4.15) in a report on Monday, September 5th. Finally, Numis Securities Ltd raised their price target on shares of Zoopla Property Group PLC from GBX 340 ($4.21) to GBX 360 ($4.46) and gave the company an add rating in a report on Friday, September 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. Zoopla Property Group PLC presently has a consensus rating of Hold and a consensus price target of GBX 317.06 ($3.92).

Shares of Zoopla Property Group PLC (LON:ZPLA) opened at 322.90 on Monday. The company’s market cap is GBX 1.34 billion. The company has a 50 day moving average of GBX 323.18 and a 200 day moving average of GBX 297.37. Zoopla Property Group PLC has a 52 week low of GBX 189.62 and a 52 week high of GBX 349.00.

In other news, insider Chesterman,Alex sold 4,250,000 shares of Zoopla Property Group PLC stock in a transaction dated Monday, September 19th. The shares were sold at an average price of GBX 325 ($4.02), for a total transaction of £13,812,500 ($17,094,678.22). Also, insider Robin Klein bought 30,750 shares of the business’s stock in a transaction dated Friday, September 30th. The shares were bought at an average cost of GBX 326 ($4.03) per share, for a total transaction of £100,245 ($124,065.59).

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