Piper Sandler Keeps Their Buy Rating on Zillow Group Class A (ZG)
In a report released today, Thomas Champion from Piper Sandler reiterated a Buy rating on Zillow Group Class A, with a price target of $70.00.
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According to TipRanks, Champion is a 4-star analyst with an average return of 6.0% and a 49.48% success rate. Champion covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Roblox, and Reddit Inc Class A.
In addition to Piper Sandler, Zillow Group Class A also received a Buy from RBC Capital’s Brad Erickson in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Zillow Group Class A (NASDAQ: ZG).
Based on Zillow Group Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $676 million and a net profit of $10 million. In comparison, last year the company earned a revenue of $581 million and had a GAAP net loss of $20 million
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- Zillow Group price target lowered to $62 from $78 at Goldman Sachs
- Zillow Group price target lowered to $72 from $84 at Canaccord
- UBS Initiates Zillow Group with Buy: Resilient Growth and Improving Profitability Outweigh Near-Term Margin Pressure
- Zillow price target lowered to $70 from $85 at Piper Sandler
- Zillow: Diversified Growth and User Momentum Support Buy Rating Despite Near-Term Profit Headwinds
