CoStar Group (CSGP) Upgraded by BidaskClub to Strong-Buy

BidaskClub upgraded shares of CoStar Group (NASDAQ:CSGP) from a buy rating to a strong-buy rating in a research report sent to investors on Monday, February 5th.

Several other equities research analysts have also issued reports on the stock. B. Riley reissued a buy rating and issued a $350.00 price target (up previously from $335.00) on shares of CoStar Group in a report on Thursday, October 26th. Citigroup reissued a buy rating and issued a $425.00 price target (up previously from $320.00) on shares of CoStar Group in a report on Tuesday, January 23rd. Needham & Company LLC boosted their price target on shares of CoStar Group to $350.00 and gave the company a buy rating in a report on Tuesday, December 19th. JPMorgan Chase & Co. lowered shares of CoStar Group from an overweight rating to an underweight rating and set a $325.00 price target on the stock. in a report on Tuesday, December 12th. Finally, Goldman Sachs Group began coverage on shares of CoStar Group in a report on Wednesday, November 8th. They issued a buy rating and a $359.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. CoStar Group currently has a consensus rating of Buy and a consensus price target of $365.00.

CoStar Group (CSGP) opened at $345.63 on Monday. The company has a market cap of $12,398.26, a price-to-earnings ratio of 85.97, a P/E/G ratio of 3.74 and a beta of 1.66. CoStar Group has a one year low of $197.18 and a one year high of $355.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.96 and a current ratio of 3.96.

Institutional investors and hedge funds have recently bought and sold shares of the company. Lenox Wealth Advisors Inc. bought a new stake in shares of CoStar Group in the 4th quarter worth about $102,000. Toronto Dominion Bank grew its holdings in shares of CoStar Group by 12.3% in the 2nd quarter. Toronto Dominion Bank now owns 401 shares of the technology company’s stock worth $106,000 after purchasing an additional 44 shares during the last quarter. Cerebellum GP LLC bought a new stake in shares of CoStar Group in the 4th quarter worth about $129,000. Corient Capital Partners LLC bought a new stake in shares of CoStar Group in the 4th quarter worth about $204,000. Finally, Hengehold Capital Management LLC bought a new stake in shares of CoStar Group in the 4th quarter worth about $206,000. 98.55% of the stock is currently owned by institutional investors and hedge funds.

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CoStar Group Company Profile

CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.

Analyst Recommendations for CoStar Group (NASDAQ:CSGP)

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