Analyst Rating Update on Zillow Group (Z)

Zillow Group (NASDAQ:Z) : 2 brokerage houses believe that Zillow Group (NASDAQ:Z) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Zillow Group (NASDAQ:Z). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.

Zillow Group (NASDAQ:Z) : Average target price received by Zillow Group (NASDAQ:Z) is $29 with an expected standard deviation of $6.38. The most aggressive target on the stock is $34, whereas the most downbeat target is $20. 4 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Cowen & Company upgrades its rating on Zillow Group (NASDAQ:Z). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on May 4, 2016.

Zillow Group (NASDAQ:Z): stock turned positive on Tuesday. Though the stock opened at $33.4, the bulls momentum made the stock top out at $34.35 level for the day. The stock recorded a low of $33.213 and closed the trading day at $33.74, in the green by 2.83%. The total traded volume for the day was 1,459,964. The stock had closed at $32.81 in the previous days trading.

In an insider trading activity,The director officer (Chief Executive Officer) of Zillow Group, Inc., Rascoff Spencer M sold 400 shares at $95.19 on May 20, 2015. The Insider selling transaction had a total value worth of $38,076. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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