CoStar Group (CSGP) Receives a Buy from Stephens

In a report released today, from Stephens maintained a Buy rating on CoStar Group, with a price target of $50.00.

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In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $56.00 price target.

Based on CoStar Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $900 million and a net profit of $47 million. In comparison, last year the company earned a revenue of $709.4 million and had a net profit of $59.8 million

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CSGP in relation to earlier this year. Last month, Louise S Sams, a Director at CSGP bought 1,000.00 shares for a total of $48,360.00.