Financial services consultancy Canaccord Genuity has reinstated its buy' rating on shares of Zoopla Property Group, in the latest round of the roller-coaster of property portal fortunes in the build up to the launch of Agents Mutual's portal next month.
In a research note issued to investors, Canaccord has a GBX 271 price target on ZPLA shares.
Other market analysts have recently commented on Zoopla, not all as favourably.
Beaufort Securities reiterated a buy' rating on the group towards the end of last month but Barclays cut its price target on shares GBX 315 to 290 at about the same time, and now have an overweight' rating on the stock.
Meanwhile analysts at Nomura cut their price target GBX 350 to 310 but have a buy' rating on the shares.
In total, three equities research analysts have rated the stock with a hold' rating and seven have issued a buy' rating.
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