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

Tipranks - Tipranks - Thu Mar 26, 6:28AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Zillow Group Class C (Z) and Zillow Group Class A (ZG) with bullish sentiments.

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Zillow Group Class C (Z)

In a report released today, Dae Lee from J.P. Morgan reiterated a Buy rating on Zillow Group Class C, with a price target of $84.00. The company’s shares closed last Tuesday at $45.31, close to its 52-week low of $38.45.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 18.4% and a 39.0% success rate. Lee covers the NA sector, focusing on stocks such as Opendoor Technologies, Offerpad Solutions, and Compass. ;'>

Zillow Group Class C has an analyst consensus of Hold, with a price target consensus of $75.25.

See the top stocks recommended by analysts >>

Zillow Group Class A (ZG)

RBC Capital analyst Brad Erickson maintained a Buy rating on Zillow Group Class A yesterday and set a price target of $95.00. The company’s shares closed last Tuesday at $45.09, close to its 52-week low of $38.06.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 15.9% and a 50.8% success rate. Erickson covers the Technology sector, focusing on stocks such as Uber Technologies, GoDaddy, and Lyft. ;'>

Currently, the analyst consensus on Zillow Group Class A is a Moderate Buy with an average price target of $74.15, representing a 68.9% upside. In a report released today, UBS also maintained a Buy rating on the stock with a $80.00 price target.

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