Shares of CoStar Group Inc. (NASDAQ:CSGP) traded today at $952.76, eclipsing its 52-week high. So far today approximately 16.5 million shares have been exchanged, as compared to an average 30-day volume of 2.6 million shares.
Potential upside of 0.4% exists for CoStar Group Inc., based on a current level of $63.56 and analysts’ average consensus price target of $63.79.
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 many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, LandsofAmerica, and so on with more than 75% of its revenue classified as subscription-based. The company has also recently expanded its presence in Canada, the United Kingdom, Spain, and France.
In the past 52 weeks, CoStar Group Inc. share prices are bracketed by a current low of $45.72 and a high of $101.05 and is now at $63.56.
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