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Analysts Offer Insights on Communication Services Companies: Bumble (BMBL) and Zillow Group Class A (ZG)

Tipranks - Fri Aug 7, 5:10AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Bumble (BMBL) and Zillow Group Class A (ZG).

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Bumble (BMBL)

In a report released yesterday, Jamesmichael Sherman-Lewis from Citi maintained a Hold rating on Bumble, with a price target of $3.60. The company’s shares closed last Wednesday at $3.04.

According to TipRanks.com, Sherman-Lewis is a 2-star analyst with an average return of 6.6% and a 87.5% success rate. Sherman-Lewis covers the Technology sector, focusing on stocks such as Verisign, GoDaddy, and Wix. ;'>

Bumble has an analyst consensus of Hold, with a price target consensus of $4.20, which is a 33.8% upside from current levels. In a report issued on July 21, RBC Capital also maintained a Hold rating on the stock with a $5.00 price target.

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Zillow Group Class A (ZG)

In a report released yesterday, Ronald Josey from Citi maintained a Buy rating on Zillow Group Class A, with a price target of $68.00. The company’s shares closed last Wednesday at $36.89.

According to TipRanks.com, Josey is a 4-star analyst with an average return of 4.3% and a 52.5% success rate. Josey covers the NA sector, focusing on stocks such as Getty Images Holdings, Fiverr International, and Alphabet Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class A with a $53.21 average price target, representing a 43.6% upside. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $41.00 price target.

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