Analysts at Nomura Have Reiterated their Past ‘”Buy”’ rating on Shares Zoopla Property Group (LON:ZPLA), Set a GBX 300.00 Target


Zoopla Property Group (LON:ZPLA) Rating Reaffirmed

The brokerage firm has just set a target of GBX 300.00 on Zoopla Property Group (LON:ZPLA) shares. This is 32.45% from the stock close price. In analysts note distributed to Clients on Thursday, 3 December, Nomura reconfirmed their “Buy” rating on shares of ZPLA.

From a total of 16 analysts covering Zoopla Property Group Plc (LON:ZPLA) stock, 8 rate it a ”Buy”, 3 a “Sell”, and 5 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 400 while the lowest target price is GBX 190. The mean of all analyst targets is GBX 271.56 with a 21.14% above today’s (GBX 227.9) stock price. Zoopla Property Group Plc was the topic of 47 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on December 3 with “Hold” rating. Canaccord Genuity maintained shares with “Hold” rating and GBX 244 target share price in a report from a December 2. Barclays Capital maintained ZPLA stock in a recent report from December 3 with “Overweight” rating. Numis Securities maintained the rating on December 2. Numis Securities has a “Add” rating and a GBX 285 price target on shares. Finally, Investec maintained the stock with “Hold” rating in a report issued on a December 2.

Approximately 93,919 shares of stock traded hands. Zoopla Property Group PLC (LON:ZPLA) has risen 11.43% since May 6, 2015 and is uptrending. It has outperformed by 11.72% the S&P500.

Analysts at Nomura Have Reiterated their Past ‘

Zoopla Property Group Plc is a United Kingdom firm that is engaged in digital media business. The company has a market cap of 952.89 million GBP. The Firm owns and operates online property brands, including Zoopla, PrimeLocation, SmartNewHomes and HomesOverseas. It has 37.68 P/E ratio. The Firm provides online resources to property consumers.