What 10 Analyst Ratings Have To Say About CoStar Gr
Portfolio Pulse from Benzinga Insights
10 analysts have recently updated their ratings on CoStar Group (NASDAQ:CSGP), with a mix of bullish and bearish sentiments. The average 12-month price target is now $90.0, down from $94.12, with a high estimate of $105.00 and a low of $74.00. Analysts from firms including JMP Securities, Goldman Sachs, Needham, BMO Capital, Citigroup, JP Morgan, and Truist Securities have made adjustments to their price targets and ratings. CoStar Group, a leading provider of commercial real estate data, has shown strong financial performance with a revenue growth rate of 12.16%, a net margin of 14.5%, and an ROE of 1.27%.
January 18, 2024 | 5:00 pm
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Analysts have a mixed outlook on CoStar Group with recent rating updates and a lowered average price target of $90. The company's strong financial performance may counterbalance the reduced target.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty, but the strong financial indicators such as revenue growth and net margin may mitigate negative impacts on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100