NEW YORK (TheStreet) -- Online real estate search company Trulia (TRLA) is among the cheapest internet growth stocks around, according to Deutsche Bank analyst Lloyd Walmsley.

At a market price of $29.75, shares trade at roughly 12 times its 2015 EBITDA (earnings before interest, tax, depreciation and amortization). That is cheaper than real estate company Move (MOVE) , even though Trulia is forecast to grow much faster.

Deutsche predicts Trulia will grow revenue 30% in 2015, versus 11% at Move. Meanwhile, EBIDTA is expected to grow 78%.

"To get to a peer group multiple of 27 on 2015 would imply zero margin expansion for two years!" the analyst noted in a report dated Friday.

"We see Trulia shares as among the most compelling valuations relative to growth in smid-cap Internet. We view recent weakness as sentiment driven, not fundamental," he wrote.

Broad weakness among internet stocks, less liquidity at Trulia, cooling housing data, short-term investors selling into a seasonally slower housing period, are among the various factors that likely explain the recent weakness in the stock. Buying into the stock post this sell-off might offer significant upside, according to the analyst.

Deutsche has a price target of $55 on the stock.

-- Written by Shanthi Bharatwaj in New York.

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