Analysts Set CBRE Group, Inc. (NYSE:CBRE) Target Price at $180.86

Shares of CBRE Group, Inc. (NYSE:CBRE) have received a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $181.8571.

CBRE has been the topic of a number of recent analyst reports. Barclays assumed coverage on shares of CBRE Group in a report on Tuesday, December 2nd. They issued an “overweight” rating and a $190.00 price target on the stock. UBS Group upped their target price on shares of CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Morgan Stanley raised their price target on shares of CBRE Group from $170.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Weiss Ratings restated a “buy (b-)” rating on shares of CBRE Group in a research report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods increased their price objective on CBRE Group from $185.00 to $192.00 and gave the stock an “outperform” rating in a research report on Thursday.

Institutional Trading of CBRE Group

Large investors have recently modified their holdings of the business. Obermeyer Wealth Partners raised its stake in CBRE Group by 2.8% in the second quarter. Obermeyer Wealth Partners now owns 2,432 shares of the financial services provider’s stock valued at $341,000 after purchasing an additional 66 shares in the last quarter. NewSquare Capital LLC increased its holdings in shares of CBRE Group by 40.7% in the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after buying an additional 68 shares during the last quarter. Fidelis Capital Partners LLC raised its position in shares of CBRE Group by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 4,292 shares of the financial services provider’s stock valued at $601,000 after buying an additional 69 shares in the last quarter. Parallel Advisors LLC raised its position in shares of CBRE Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock valued at $594,000 after buying an additional 71 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of CBRE Group by 1.7% during the 3rd quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after acquiring an additional 71 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Trading Down 0.3%

Shares of CBRE stock opened at $165.84 on Tuesday. The stock has a market capitalization of $49.35 billion, a price-to-earnings ratio of 40.95 and a beta of 1.34. The company’s fifty day simple moving average is $158.61 and its two-hundred day simple moving average is $155.63. CBRE Group has a 1 year low of $108.45 and a 1 year high of $171.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.13 and a quick ratio of 1.13.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Thursday, October 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.15. CBRE Group had a return on equity of 20.55% and a net margin of 3.12%.The company had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $10.11 billion. During the same period in the previous year, the business earned $1.20 earnings per share. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. CBRE Group has set its FY 2025 guidance at 6.250-6.350 EPS. As a group, analysts anticipate that CBRE Group will post 5.99 earnings per share for the current year.

About CBRE Group

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.