Somewhat Positive Press Coverage Somewhat Unlikely to Affect CoStar Group (CSGP) Share Price

Press coverage about CoStar Group (NASDAQ:CSGP) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CoStar Group earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.6445164943393 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of CoStar Group (NASDAQ CSGP) opened at $334.06 on Tuesday. The stock has a market cap of $11,855.36, a P/E ratio of 100.92, a price-to-earnings-growth ratio of 3.57 and a beta of 1.66. CoStar Group has a 1 year low of $197.18 and a 1 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.

Several equities analysts have recently weighed in on CSGP shares. SunTrust Banks lifted their target price on shares of CoStar Group to $410.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Citigroup reiterated a “buy” rating and issued a $425.00 target price (up previously from $320.00) on shares of CoStar Group in a research note on Tuesday, January 23rd. BidaskClub upgraded shares of CoStar Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 5th. Zacks Investment Research upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a research note on Thursday, February 8th. Finally, Wells Fargo & Co set a $400.00 target price on shares of CoStar Group and gave the stock a “buy” rating in a research note on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $365.00.

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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.

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