Analyst Price Target Update on Zillow Group (NASDAQ:Z)

Zillow Group (NASDAQ:Z): The stock price is expected to reach $ 29 in the short term. The number of analysts agreeing with this consensus is 4. The higher estimate for the short term price target is at $34 while the lower estimate is at $20. The standard deviation of the price stands at $6.38.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Cowen & Company upgrades its ratings on Zillow Group (NASDAQ:Z). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on May 4, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, The director officer (Chief Executive Officer), of Zillow Group, Inc., Rascoff Spencer M had unloaded 400 shares at $95.19 per share in a transaction on May 20, 2015. The total value of transaction was $38,076. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Zillow Group (NASDAQ:Z) : On Monday heightened volatility was witnessed in Zillow Group (NASDAQ:Z) which led to swings in the share price. The stock opened for trading at $32.6 and hit $32.91 on the upside , eventually ending the session at $32.4, with a gain of 0.56% or 0.18 points. The heightened volatility saw the trading volume jump to 1,949,733 shares. The 52-week high of the share price is $93.95 and the company has a market cap of $5,804 million. The 52-week low of the share price is at $15.36 .

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