Barclays analyst Trevor Young maintains $Zillow-A (ZG.US)$ with a sell rating, and adjusts the target price from $36 to $50.
According to TipRanks data, the analyst has a success rate of 54.5% and a total average return of 0.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Zillow-A (ZG.US)$'s main analysts recently are as follows:
The company's return to double-digit growth in residential revenue, despite a tough macroeconomic environment and rising interest rates, is noteworthy.
Zillow Group's Q3 report surpassed apprehensions with its improved market strategy being reflected in the financials, which is contributing to the company's consistent outperformance relative to the market, largely independent of interest rate fluctuations. The company's significant growth is aligning with positive qualitative product feedback, presenting an attractive narrative for investors looking towards 2025.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
