Today, Zillow Group, Inc. (Z) Earns Buy Rating from Canaccord Genuity

Today, Zillow Group, Inc. (Z) Earns Buy Rating from Canaccord Genuity

Canaccord Genuity reiterated their buy rating on shares of Zillow Group, Inc. (NYSE:Z) in a report published on Tuesday. Canaccord Genuity currently has a $42.00 price target on the stock.

Several other research firms have also recently commented on Z. Morgan Stanley reaffirmed a buy rating on shares of Zillow Group in a research report on Monday, June 6th. TheStreet initiated coverage on shares of Zillow Group in a research report on Friday, September 2nd. They issued a hold rating on the stock. Cowen and Company boosted their price objective on shares of Zillow Group from $29.00 to $37.00 and gave the company a market perform rating in a research report on Friday, August 5th. RBC Capital Markets reaffirmed an outperform rating and issued a $42.00 price objective (up from $36.00) on shares of Zillow Group in a research report on Monday, August 8th. Finally, Barclays PLC raised shares of Zillow Group to an equal weight rating and set a $32.00 price objective on the stock in a research report on Tuesday, June 7th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of Buy and an average target price of $38.60.

Shares of Zillow Group (NYSE:Z) opened at 33.31 on Tuesday. Zillow Group has a 12 month low of $15.36 and a 12 month high of $39.88. The stock has a 50 day moving average price of $34.46 and a 200 day moving average price of $31.32. The firm’s market capitalization is $5.98 billion.

A number of large investors have recently modified their holdings of the company. BlackRock Japan Co. Ltd boosted its stake in shares of Zillow Group by 0.6% in the second quarter. BlackRock Japan Co. Ltd now owns 149,753 shares of the company’s stock valued at $5,433,000 after buying an additional 915 shares during the period. US Bancorp DE boosted its stake in shares of Zillow Group by 7.0% in the second quarter. US Bancorp DE now owns 13,185 shares of the company’s stock valued at $478,000 after buying an additional 866 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Zillow Group by 7.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 2,683,716 shares of the company’s stock valued at $97,365,000 after buying an additional 192,971 shares during the period. BlackRock Group LTD boosted its stake in shares of Zillow Group by 16.3% in the second quarter. BlackRock Group LTD now owns 435,817 shares of the company’s stock valued at $15,812,000 after buying an additional 60,942 shares during the period. Finally, BlackRock Fund Advisors boosted its stake in shares of Zillow Group by 17.1% in the second quarter. BlackRock Fund Advisors now owns 1,066,352 shares of the company’s stock valued at $38,687,000 after buying an additional 156,066 shares during the period.

Related posts

Leave a Comment