Analysts Offer Insights on Communication Services Companies: Spotify (SPOT), Zillow Group Class A (ZG) and America Movil (AMX)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Spotify (SPOT – Research Report), Zillow Group Class A (ZG – Research Report) and America Movil (AMX – Research Report).
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Spotify (SPOT)
J.P. Morgan analyst Doug Anmuth maintained a Buy rating on Spotify today and set a price target of $700.00. The company’s shares closed last Tuesday at $476.02.
According to TipRanks.com, Anmuth is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Spotify with a $689.86 average price target, implying a 49.1% upside from current levels. In a report issued on January 28, TipRanks – Anthropic also upgraded the stock to Buy with a $574.00 price target.
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Zillow Group Class A (ZG)
J.P. Morgan analyst Dae Lee maintained a Buy rating on Zillow Group Class A today and set a price target of $84.00. The company’s shares closed last Tuesday at $54.42.
Lee has an average return of
According to TipRanks.com, Lee is ranked #2014 out of 12109 analysts.
Currently, the analyst consensus on Zillow Group Class A is a Moderate Buy with an average price target of $80.65, which is a 49.1% upside from current levels. In a report issued on January 31, TipRanks – Google also upgraded the stock to Buy with a $72.00 price target.
America Movil (AMX)
In a report released today, Andres Coello from Scotiabank maintained a Hold rating on America Movil, with a price target of $19.50. The company’s shares closed last Tuesday at $22.48.
Coello has an average return of
According to TipRanks.com, Coello is ranked #81 out of 12109 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for America Movil with a $19.50 average price target, implying a -11.1% downside from current levels. In a report issued on January 27, Bank of America Securities also maintained a Hold rating on the stock.
