CoStar Group, Inc. (NASDAQ:CSGP) has been given a consensus recommendation of “Buy” by the eight brokerages that are presently covering the stock. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $237.75.

A number of research firms have commented on CSGP. B. Riley restated a “buy” rating and set a $231.00 price target on shares of CoStar Group in a research note on Tuesday, November 1st. TheStreet cut CoStar Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 1st. Finally, Citigroup Inc. began coverage on CoStar Group in a research note on Tuesday, December 20th. They set a “buy” rating on the stock.

CoStar Group (NASDAQ:CSGP) traded down 0.281% during mid-day trading on Friday, hitting $207.945. The stock had a trading volume of 27,220 shares. The stock has a market cap of $6.78 billion, a P/E ratio of 85.680 and a beta of 1.44. The firm has a 50-day moving average of $199.72 and a 200-day moving average of $201.70. CoStar Group has a 52-week low of $161.66 and a 52-week high of $224.79.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bbva Compass Bancshares Inc. boosted its position in CoStar Group by 1.3% in the second quarter. Bbva Compass Bancshares Inc. now owns 2,197 shares of the company’s stock worth $480,000 after buying an additional 29 shares during the period. Calvert Investment Management Inc. raised its stake in CoStar Group by 1.8% in the second quarter. Calvert Investment Management Inc. now owns 1,660 shares of the company’s stock worth $363,000 after buying an additional 30 shares in the last quarter. Bank of Montreal Can raised its stake in CoStar Group by 1.8% in the third quarter. Bank of Montreal Can now owns 2,658 shares of the company’s stock worth $576,000 after buying an additional 47 shares in the last quarter. Bell State Bank & Trust raised its stake in CoStar Group by 3.2% in the third quarter. Bell State Bank & Trust now owns 1,768 shares of the company’s stock worth $383,000 after buying an additional 55 shares in the last quarter. Finally, M&T Bank Corp raised its stake in CoStar Group by 4.0% in the third quarter. M&T Bank Corp now owns 2,929 shares of the company’s stock worth $633,000 after buying an additional 114 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

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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 industry. It manages its business through two segments: North America, which includes the United States and parts of Canada, and International, which includes parts of the United Kingdom, Spain and France.

5 Day Chart for NASDAQ:CSGP

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