Zillow Group Inc Class C (Z) has disclosed a new risk, in the Environmental / Social category.
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Zillow Group Inc Class C faces significant environmental regulatory risks that may lead to uncertain future liabilities. The company could be held liable for remediation costs associated with hazardous substances on properties they own or operate, regardless of their knowledge or direct responsibility for the contamination. The financial burden of clean-up, legal defense, and compliance with evolving environmental laws could materially impact Zillow’s finances. Moreover, non-compliance with these regulations risks further sanctions, including fines and civil liabilities, potentially affecting operational continuity and reputation.
Overall, Wall Street has a Moderate Buy consensus rating on Z stock based on 3 Buys and 3 Holds.
To learn more about Zillow Group Inc Class C’s risk factors, click here.