CBRE Group, Inc. (NYSE:CBRE) Stock Has Average Target Price of $180.40

Shares of CBRE Group, Inc. (NYSE:CBRE) have been given a consensus rating of “Moderate Buy” by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $178.40.

A number of analysts have recently issued reports on the company. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Barclays increased their price target on CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Evercore reissued an “outperform” rating and issued a $175.00 price target on shares of CBRE Group in a report on Thursday, July 30th. Weiss Ratings restated a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. Finally, Keefe, Bruyette & Woods cut their target price on CBRE Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, October 9th.

CBRE Group Price Performance

Shares of CBRE stock opened at $128.72 on Thursday. The company has a market capitalization of $37.28 billion, a PE ratio of 29.52 and a beta of 1.23. The firm has a fifty day simple moving average of $141.20 and a 200-day simple moving average of $139.57. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. CBRE Group has a twelve month low of $121.69 and a twelve month high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.09. The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Equities research analysts anticipate that CBRE Group will post 7.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Emma E. Giamartino sold 2,250 shares of CBRE Group stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $333,652.50. Following the completion of the sale, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing 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, CEO Vikramaditya Kohli sold 2,666 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the transaction, the chief executive officer owned 134,869 shares in the company, valued at $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,144 shares of company stock worth $767,363. Insiders own 0.46% of the company’s stock.

Institutional Trading of CBRE Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ascentis Independent Advisors bought a new stake in shares of CBRE Group in the 1st quarter worth $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of CBRE Group in the first quarter valued at $33,000. MV Capital Management Inc. acquired a new stake in shares of CBRE Group in the fourth quarter valued at $42,000. Sound Income Strategies LLC boosted its stake in CBRE Group by 5,180.0% during the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after buying an additional 259 shares in the last quarter. Finally, Reflection Asset Management bought a new position in CBRE Group during the fourth quarter valued at about $46,000. 98.41% of the stock is owned by institutional investors.

CBRE Group Company Profile

CBRE Group, Inc is a global commercial real estate services and investment firm headquartered in Dallas, Texas. Through its operations in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region, the company serves corporations, property owners, investors, lenders, and public-sector organizations.

CBRE’s services include commercial property leasing and sales, tenant and occupier representation, capital markets advisory, property valuation, consulting, research, and development services.