CoStar Group Inc

CSGP: XNAS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$85.00VzycLvskcygfh

CoStar's Potential Acquisition of Realtor.com Will Be a Materially Positive Development

News Corp. confirmed that it is engaged in discussions with wide-moat-rated CoStar Group regarding a potential sale of Move Inc., which is a majority owner of Realtor.com, the second biggest residential listing platform in the U.S. In our opinion, a potential deal will be a materially positive development for CoStar if the price tag for the deal is sensible. We are maintaining our $73 fair value estimate for the company as the deal has not been announced. We will re-evaluate our fair value estimate for the company if the transaction is finalized.

Sponsor Center