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Analysts Have Conflicting Sentiments on These Communication Services Companies: Zillow Group Class A (ZG) and Zillow Group Class C (Z)

Tipranks - Thu Mar 26, 8:11AM CDT

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

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Zillow Group Class A (ZG)

In a report released yesterday, Mike Ng from Goldman Sachs maintained a Hold rating on Zillow Group Class A, with a price target of $62.00. The company’s shares closed last Tuesday at $45.09, close to its 52-week low of $38.06.

According to TipRanks.com, Ng is a 5-star analyst with an average return of 10.6% and a 54.7% success rate. Ng covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Lumen Technologies. ;'>

Currently, the analyst consensus on Zillow Group Class A is a Moderate Buy with an average price target of $73.65, implying a 67.8% upside from current levels. In a report issued on March 18, Robert W. Baird also maintained a Hold rating on the stock with a $55.00 price target.

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Zillow Group Class C (Z)

In a report released today, Matthew Hurwit from Jefferies reiterated a Buy rating on Zillow Group Class C, with a price target of $90.00. The company’s shares closed last Tuesday at $45.31, close to its 52-week low of $38.45.

According to TipRanks.com, Hurwit is ranked 0 out of 5 stars with an average return of -25.8% and a 0.0% success rate. Hurwit covers the Financial sector, focusing on stocks such as Gladstone Capital, Rocket Companies, and UWM Holding. ;'>

Currently, the analyst consensus on Zillow Group Class C is a Hold with an average price target of $78.20, implying a 76.5% upside from current levels. In a report issued on March 13, J.P. Morgan also reiterated a Buy rating on the stock with a $84.00 price target.

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