Rating Change: Numis Maintains Zoopla Property Group Plc (LON:ZPLA) As “Add”; Has TP Of GBX 360.00

November 30, 2016 - By Winifred Garcia

Zoopla Property Group Plc (LON:ZPLA) Rating

Numis have a GBX 360.00 TP on the stock. The TP suggests a potential upside of 5.51% from Zoopla Property Group Plc (LON:ZPLA)‘s last close price. This rating was shown in a report on 30 November.

Zoopla Property Group PLC (LON:ZPLA) Ratings Coverage

Out of 18 analysts covering Zoopla Property Group Plc (LON:ZPLA), 11 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 61% are positive. GBX 440 is the highest target while GBX 195 is the lowest. The GBX 323.31 average target is -5.80% below today’s (GBX 343.2) stock price. Zoopla Property Group Plc has been the topic of 107 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm earned “Equal Weight” rating on Monday, July 4 by Barclays Capital. The firm has “Add” rating given on Friday, October 16 by Numis Securities. The stock of Zoopla Property Group PLC (LON:ZPLA) earned “Overweight” rating by Barclays Capital on Tuesday, September 1. The rating was maintained by Nomura on Thursday, December 3 with “Buy”. On Friday, October 23 the stock rating was maintained by Beaufort Securities with “Buy”. The firm has “Neutral” rating given on Thursday, August 13 by Citigroup. Barclays Capital upgraded it to “Overweight” rating and GBX 335 target price in Monday, September 5 report. The rating was maintained by Numis Securities with “Add” on Wednesday, August 12. BNP Paribas maintained the shares of ZPLA in a report on Wednesday, April 20 with “Neutral” rating. Citigroup maintained Zoopla Property Group PLC (LON:ZPLA) rating on Wednesday, October 14. Citigroup has “Neutral” rating and GBX 240 price target.

About 607,526 shares traded hands. Zoopla Property Group PLC (LON:ZPLA) has risen 8.32% since May 2, 2016 and is uptrending. It has outperformed by 3.09% the S&P500.

Zoopla Property Group Plc is a provider of digital media and lead generation platform that owns and operates digital consumer brands, including Zoopla, uSwitch and PrimeLocation. The company has a market cap of 1.43 billion GBP. The Firm has two divisions: Property Services and Comparison Services. It has a 43.13 P/E ratio. The Property Services division includes the United Kingdom Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other Property Services, which represents overseas property advertising services, display advertising and data services.

Another recent and important Zoopla Property Group PLC (LON:ZPLA) news was published by Fool.Co.Uk which published an article titled: “Will Zoopla Property Group plc beat Rightmove plc after sales rise by 84%?” on November 30, 2016.

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