Shares of CoStar Group Inc. (NASDAQ:CSGP) traded at a new 52-week high today of $96.29. So far today approximately 150,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
CoStar Group Inc. (NASDAQ:CSGP) is currently priced 11.1% above its average consensus analyst price target of $85.44.
Over the past year, CoStar Group Inc. has traded in a range of $74.31 to $96.29 and is now at $96.14, 29% above that low.
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, multifamily, healthcare, industrial, self-storage, and data centers. It operates five flagship brands: CoStar Suite, LoopNet, Apartments.com, BizBuySell, and LandsofAmerica with approximately three quarters of its revenue classified as subscription based. The company has also recently expanded its presence in Canada, the United Kingdom, Spain, and France.
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