Stock Update (NASDAQ:Z): Zillow Group Inc Brands Win Four Webby Awards

Zillow Group Inc (NASDAQ:Z) , which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and Web, announced that Zillow® and StreetEasy® received four 2015 Webby Awards from the International Academy of Digital Arts and Sciences (IADAS), including three fan-voted People’s Voice awards.

Zillow won two awards for best real estate website, for both the judge-voted Webby and the fan-voted People’s Voice award. Zillow also took home the People’s Voice award for its iPad® app, under the Services and Utilities category.

StreetEasy is New York City’s leading local real estate marketplace on mobile and Web. StreetEasy Mobile won the People’s Voice for best use of GPS location technology.

“Zillow Group’s consumer brands are focused on creating products that empower people in every stage of the home lifecycle, from buying and renting to financing and renovating,” said Amy Bohutinsky, chief marketing officer at Zillow Group. “We are thrilled and honored to see our Zillow and StreetEasy brands recognized for these awards – particularly the People’s Voice awards voted on by our users.”

Zillow Group’s consumer brands Zillow, Trulia®, StreetEasy and HotPads®, have collectively won a total of 17 Webby Awards since 2008. (Original Source)

Shares of Zillow opened today at $102.42 and are currently trading up at $103.89. Z has a 1-year high of $164.90 and a 1-year low of $81.07. The stock’s 50-day moving average is $101.45 and its 200-day moving average is $106.44.

On the ratings front, Zillow  has been the subject of a number of recent research reports. In a report issued on April 15, Suntrust Robinson Humphrey analyst Robert Peck maintained a Hold rating on Z, with a price target of $110, which represents a potential upside of 7.4% from where the stock is currently trading. Separately, on the same day, Barclays’ Christopher Merwin maintained a Hold rating on the stock and has a price target of $95.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Robert Peck and Christopher Merwin have a total average return of 14.9% and -5.9% respectively. Peck has a success rate of 62.2% and is ranked #248 out of 3581 analysts, while Merwin has a success rate of 50.0% and is ranked #3242.

The street is mostly Neutral on Z stock. Out of 9 analysts who cover the stock, 5 suggest a Hold rating and 4 recommend to Buy the stock. The 12-month average price target assigned to the stock is $122.25, which implies an upside of 19.4% from current levels.

Zillow Group Incoperates the real estate and home-related information marketplaces on mobile and the Web, with a complementary portfolio of brands and products to help people find vital information about homes and connect with local professionals.

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