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Zoopla has significant potential to grow earnings, says investment bank

Zoopla has a £3bn revenue opportunity, according to investment bank Liberum. The online property portal trades on the stock market under the name ZPG (ZPG).

Liberum has a 450p price target on the stock. It sees £650m of potential in its property services business, £850m in its comparison services arm and £1.5bn in its professional and data services division.

It reckons the company has only tapped 5% of this opportunity so far, based on 2016 revenue figures.

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