Published On: Wed, Oct 19th, 2016

Zoopla Property Group PLC (LON:ZPLA) Receives Buy Rating From Berenberg Bank Analysts

Zoopla Property Group PLC (LON:ZPLA) had its stock rating reiterated as ‘Buy’ in a report released by analysts at Berenberg Bank.

Berenberg Bank today set a target price of 400 on the company’s stock. According to the analyst this now indicates there is a potential increase of 21.32% from Zoopla Property Group PLC’s current price of 329.7.


Over the last twelve months Zoopla Property Group PLC’s stock price has increased by 48.96% from 221.34 to 329.7.

There are currently 413,878,000 shares in issue with a current share value of 329.7 giving Zoopla Property Group PLC a market capitalisation of 1.36B GBp .

Zoopla Property Group PLC (LON:ZPLA) has a 50 day moving average of 324.77 and a 200 day moving average of 299.27. The 52 week high for the share price is 349 while the 52 week low for the stock is 189.62.

Zoopla Property Group Plc is a provider of digital media and lead generation platform that owns and operates digital consumer brands, including Zoopla, uSwitch and PrimeLocation. The Company has two divisions: Property Services and Comparison Services. The Property Services division includes the United Kingdom (UK) Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other Property Services, which represents overseas property advertising services, display advertising and data services. The Comparison Services division includes Energy, which represents gas and electricity switching services; Communications, which represents mobile, broadband, pay television (TV) and home phone switching services, and Other Comparison Services, which represents financial services switching, boiler cover, business energy and data insight services.