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CoStar Group (CSGP) Stock Forecast & Price Target

$74.84
-0.67 (-0.89%)
(As of 07/23/2024 ET)

CoStar Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for CoStar Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 3 have given a hold rating, and 12 have given a buy rating for CSGP.

Consensus Price Target

$100.08
33.72% Upside
High Forecast$110.00
Average Forecast$100.08
Low Forecast$85.00

According to the 15 analysts' twelve-month price targets for CoStar Group, the average price target is $100.08. The highest price target for CSGP is $110.00, while the lowest price target for CSGP is $85.00. The average price target represents a forecasted upside of 33.72% from the current price of $74.84.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
10 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$100.08$102.46$102.15$89.50
Forecasted Upside33.72% Upside19.63% Upside15.83% Upside14.21% Upside
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CSGP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CSGP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CoStar Group Stock vs. The Competition

TypeCoStar GroupComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.80
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside33.15% Upside579.39% Upside9.49% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2024Bank of America
4 of 5 stars
 Lower TargetBuy ➝ Buy$111.00 ➝ $89.00+18.30%
7/17/2024Keefe, Bruyette & Woods
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$109.00 ➝ $100.00+31.15%
6/18/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Outperform ➝ Market Outperform$110.00 ➝ $110.00+50.27%
6/7/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$109.00 ➝ $109.00+43.25%
4/25/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$84.00 ➝ $88.00-2.56%
4/24/2024William Blair
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 Reiterated RatingOutperform
4/24/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$105.00+14.42%
4/24/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$90.00 ➝ $107.00+26.45%
4/12/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$85.00 ➝ $95.00+4.27%
3/20/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$96.00 ➝ $107.00+10.53%
3/18/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $105.00+9.07%
2/7/2024Citigroup
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 Boost TargetBuy$90.00 ➝ $97.00+13.73%
1/19/2024BTIG Research
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 Initiated CoverageNeutral
10/25/2023JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$114.00 ➝ $104.00+47.29%
10/25/2023Truist Financial
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 Lower TargetBuy ➝ Buy$100.00 ➝ $85.00+21.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:47 PM ET.

CSGP Forecast - Frequently Asked Questions

What is CoStar Group's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for CoStar Group is $100.08, with a high forecast of $110.00 and a low forecast of $85.00.

Should I buy or sell CoStar Group stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CSGP shares.

Does CoStar Group's stock price have much upside?

According to analysts, CoStar Group's stock has a predicted upside of 20.72% based on their 12-month stock forecasts.

What analysts cover CoStar Group?

CoStar Group has been rated by research analysts at Bank of America, BMO Capital Markets, JMP Securities, Keefe, Bruyette & Woods, Needham & Company LLC, Royal Bank of Canada, Stephens, and William Blair in the past 90 days.

Do Wall Street analysts like CoStar Group more than its competitors?

Analysts like CoStar Group more than other "computer and technology" companies. The consensus rating score for CoStar Group is 2.80 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how CSGP compares to other companies.


This page (NASDAQ:CSGP) was last updated on 7/23/2024 by MarketBeat.com Staff

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