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CoStar Group Inc (NASDAQ:CSGP) target price raised to $240.00, reported today by Needham & Company LLC

CoStar Group Inc (NASDAQ:CSGP) had its target price increased to $240 by Needham & Company LLC in an issued report issued 8/22/2016. The increased target price indicates a possible upside of 0.15% from the company’s last closing price.

Previously on 7/17/2015, Suntrust Robinson released a statement for CoStar Group Inc(NASDAQ:CSGP) raised the target price from $250.00 to $265.00. At the time, this indicated a possible upside of 0.22%.

Yesterday CoStar Group Inc (NASDAQ:CSGP) traded 0.70% lower at $208.23. CoStar Group Inc’s 50-day average is $209.07 and its two hundred day average is $200.69. The last stock close is up 4.83% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. 117,891 shares of CSGP traded, down from ann avg. trading volume of 153,783.

Recent Performance Graphic:

CoStar Group Inc (NASDAQ:CSGP)

CoStar Group Inc has a price-earnings of 136 with a one-year low of $146.53 and a one-year high of $224.79 and has a market capitalization of $0.0.

Brief Synopsis On CoStar Group Inc (NASDAQ:CSGP)

CoStar Group, Inc. (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate industry. It manages its business through two segments: North America, which includes the United States and parts of Canada, and International, which includes parts of the United Kingdom, Spain and France. The Company owns and operates online marketplaces for commercial real estate and apartment listings in the United States. It has created and compiled its standardized platform of information, analytics and online marketplace services where industry professionals and consumers of commercial real estate, including apartments, and the related business communities, can interact and facilitate transactions by accessing and exchanging standardized real estate-related information. Its service offerings span all commercial property types, including office, retail, industrial, multifamily, commercial land, and mixed-use and hospitality.

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