ZG Reiterates by RBC Capital -- Price Target Maintained at $55

gurufocus.com · 2026-09-11

On October 3, 2023, RBC Capital has maintained its "Outperform" rating for Zillow Group (ZG) while keeping the price target at $55.00. This rating reflects a st

TickrTrends take: RBC Capital's maintained price target of $55 for Z, combined with TickrTrends' current undervalued designation, suggests the market may not be fully pricing in the company's value relative to analyst expectations. Investors focused on valuation metrics should monitor whether the Communication Services sector continues to face headwinds that keep Z trading below its analyst target, or whether fundamental improvements drive a convergence toward the $55 level. The reiteration from RBC indicates sustained confidence in the company's prospects despite current market conditions.

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