Stock Buzzer: Zillow Group, Inc. Has Another Very Strong Trading Session

Stock Buzzer: Zillow Group, Inc. Has Another Very Strong Trading Session

The stock of Zillow Group, Inc. (NASDAQ:Z) is a huge mover today! The stock increased 2.90% or $0.94 during the last trading session, hitting $33.36. About 2.50 million shares traded hands or 142.72% up from the average. Zillow Group, Inc. (NASDAQ:Z) has risen 38.90% since March 29, 2016 and is uptrending. It has outperformed by 35.43% the S&P500.
The move comes after 7 months positive chart setup for the $3.89 billion company. It was reported on Oct, 31 by Barchart.com. We have $53.71 PT which if reached, will make NASDAQ:Z worth $2.37 billion more.

Analysts await Zillow Group, Inc. (NASDAQ:Z) to report earnings on November, 1.

Zillow Group, Inc. (NASDAQ:Z) Ratings Coverage

Out of 6 analysts covering Zillow Inc (NASDAQ:Z), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Zillow Inc has been the topic of 14 analyst reports since July 31, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Sector Perform” rating and $34 target price in Wednesday, November 4 report. The company was upgraded on Wednesday, May 4 by Cowen & Co. The company was initiated on Monday, August 10 by Susquehanna. The company was maintained on Thursday, August 6 by Macquarie Research. Benchmark maintained the shares of Z in a report on Wednesday, August 5 with “Buy” rating. The firm earned “Overweight” rating on Wednesday, August 26 by Stephens. The firm has “Buy” rating given on Wednesday, August 5 by Morgan Stanley. The stock of Zillow Group, Inc. (NASDAQ:Z) has “Buy” rating given on Wednesday, November 4 by Benchmark. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, July 14 report. The stock has “Buy” rating given by Benchmark on Tuesday, May 3.

According to Zacks Investment Research, “Zillow Group, Inc. offers real estate and home-related brands on mobile and web. The company’s brands focus on home lifecycle consists of renting, buying, selling, financing and home improvement. Its real estate and rental marketplaces of consumer brands includes Zillow(R), Trulia(R), StreetEasy(R) and HotPads(R). The company also works with real estate agents, lenders and rental professionals. Its business brands for real estate, rental and mortgage professionals, including Postlets(R), Mortech(R), Diverse Solutions(R), Market Leader(R) and Retsly(TM). Zillow Group, Inc. is headquartered in Seattle.”

More recent Zillow Group, Inc. (NASDAQ:Z) news were published by: Prnewswire.com which released: “Zillow Group Launches “Premier Broker,” a New Platform to Help Brokerages …” on October 06, 2016. Also Valuewalk.com published the news titled: “Zillow Group, Inc. Using Facebook Inc To Expand Its Targeted Audience” on October 28, 2016. Prnewswire.com‘s news article titled: “Zillow Group Launches New Features for New Construction Listings; Adds Access …” with publication date: October 20, 2016 was also an interesting one.

Z Company Profile

Zillow Group, Inc., incorporated on July 25, 2014, operates the real estate and home-related information marketplaces on mobile and the Web, with a portfolio of brands and products to help people find information about homes and connect with local professionals. The Company’s brands focus on all stages of the home lifecycle: renting, buying, selling, financing and home improvement. The Company’s portfolio of consumer brands includes Zillow, Trulia, StreetEasy, Bridge Interactive and HotPads. In addition, it provides advertising services to real estate agents and rental and mortgage professionals. The Firm also owns and operates a number of brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions and Retsly. The Company’s database includes over 110 million homes in the United States, including homes for sale, homes for rent and homes not on the market.

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