CBRE Group, Inc. (NYSE:CBRE) Receives $180.33 Consensus Target Price from Brokerages

by · The Markets Daily

CBRE Group, Inc. (NYSE:CBRE – Get Free Report) has received a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $180.3333.

Several analysts have weighed in on CBRE shares. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Keefe, Bruyette & Woods raised their price objective on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Barclays lifted their target price on CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CBRE Group in a report on Friday, August 21st. Finally, UBS Group increased their price target on shares of CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th.

Read Our Latest Analysis on CBRE

CBRE Group Trading Down 0.7%

NYSE CBRE opened at $139.95 on Friday. CBRE Group has a 12-month low of $121.69 and a 12-month high of $174.27. The company has a fifty day simple moving average of $145.13 and a two-hundred day simple moving average of $140.17. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The stock has a market cap of $40.53 billion, a P/E ratio of 32.10 and a beta of 1.19.

CBRE Group (NYSE:CBRE – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, analysts forecast that CBRE Group will post 7.79 earnings per share for the current year.

Insider Buying and Selling

In other CBRE Group news, insider Chad J. Doellinger sold 228 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the sale, the insider directly owned 41,778 shares of the company’s stock, valued at approximately $6,195,259.62. This trade represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma Giamartino sold 2,250 shares of CBRE Group stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $333,652.50. Following the transaction, the chief financial officer owned 108,479 shares of the company’s stock, valued at $16,086,350.91. The trade was a 2.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,144 shares of company stock valued at $767,363 over the last 90 days. Insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CBRE. Principal Financial Group Inc. grew its stake in shares of CBRE Group by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock worth $1,337,051,000 after purchasing an additional 302,426 shares during the period. Geode Capital Management LLC increased its holdings in shares of CBRE Group by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after purchasing an additional 151,027 shares in the last quarter. Cantillon Capital Management LLC lifted its stake in shares of CBRE Group by 0.8% in the 4th quarter. Cantillon Capital Management LLC now owns 4,460,586 shares of the financial services provider’s stock valued at $717,218,000 after purchasing an additional 33,565 shares during the period. Norges Bank acquired a new position in shares of CBRE Group in the 4th quarter valued at $643,405,000. Finally, Franklin Resources Inc. boosted its holdings in CBRE Group by 2.6% during the fourth quarter. Franklin Resources Inc. now owns 2,959,767 shares of the financial services provider’s stock worth $475,901,000 after buying an additional 74,493 shares in the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

About CBRE Group

(Get Free Report)

CBRE Group, Inc is a global commercial real estate services and investment company headquartered in Dallas, Texas. Through its businesses, CBRE provides services to occupiers, owners, investors and developers of office, industrial, retail, multifamily, hotel and other property types.

The company’s principal activities include property leasing and sales, tenant and landlord representation, property management, facilities management, valuation and advisory services, capital markets, mortgage servicing, project management and real estate development.

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