Oppenheimer Gives a Hold Rating to Zillow Group Inc (ZG)


In a report released today, Jason Helfstein from Oppenheimer assigned a Hold rating to Zillow Group Inc (ZG). The company’s shares closed yesterday at $35.06.

According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 17.3% and a 62.7% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and Spotify Technology SA.

Currently, the analyst consensus on Zillow Group Inc is a Hold with an average price target of $37.44, representing a 6.8% upside. In a report issued on February 20, Deutsche Bank also maintained a Hold rating on the stock with a $33 price target.

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Based on Zillow Group Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $492K. In comparison, last year the company had a GAAP net loss of $77.18 million.

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Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. Its brand portfolio is comprised of Zillow, Trulia, StreetEasy, HotPads, Naked Apartments, RealEstate.com, and OutEast.com. It also houses the business brands Mortech, dotloop, Bridge Interactive and New Home Feed.

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