CoStar Group (CSGP) Gets a Buy from BTIG
In a report released today, Jake Fuller from BTIG maintained a Buy rating on CoStar Group, with a price target of $55.00.
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According to TipRanks, Fuller is a 3-star analyst with an average return of 3.2% and a 45.68% success rate. Fuller covers the Consumer Cyclical sector, focusing on stocks such as Booking Holdings, Expedia, and Airbnb.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoStar Group with a $58.67 average 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.
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