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Analysts Offer Insights on Communication Services Companies: Warner Music Group (WMG) and Zillow Group Class A (ZG)

Tipranks - Sat Feb 7, 3:46AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Warner Music Group (WMGResearch Report) and Zillow Group Class A (ZGResearch Report).

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Warner Music Group (WMG)

In a report released today, Kannan Venkateshwar from Barclays maintained a Hold rating on Warner Music Group, with a price target of $30.00. The company’s shares closed last Thursday at $28.19, close to its 52-week low of $27.06.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 9.2% and a 56.9% success rate. Venkateshwar covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Paramount Skydance. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Warner Music Group with a $37.00 average price target, which is a 31.3% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $31.00 price target.

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Zillow Group Class A (ZG)

In a report released today, Justin Patterson from KeyBanc maintained a Buy rating on Zillow Group Class A, with a price target of $75.00. The company’s shares closed last Thursday at $53.72.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 9.3% and a 49.6% success rate. Patterson covers the NA sector, focusing on stocks such as NerdWallet, Inc. Class A, IAC/InteractiveCorp., 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 $85.73 average price target, a 52.0% 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.

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