CBRE Group, Inc. (NYSE:CBRE) Receives $180.86 Average PT from Analysts

CBRE Group, Inc. (NYSE:CBRE) has been given a consensus rating of “Moderate Buy” by the eight ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $181.8571.

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

Institutional Trading of CBRE Group

A number of hedge funds and other institutional investors have recently modified their holdings of CBRE. Brighton Jones LLC lifted its holdings in CBRE Group by 322.9% during the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after buying an additional 11,065 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of CBRE Group by 9.8% during the first quarter. EP Wealth Advisors LLC now owns 3,293 shares of the financial services provider’s stock valued at $431,000 after acquiring an additional 295 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of CBRE Group by 0.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,887 shares of the financial services provider’s stock valued at $7,178,000 after acquiring an additional 446 shares during the period. UniSuper Management Pty Ltd boosted its holdings in CBRE Group by 2.7% in the first quarter. UniSuper Management Pty Ltd now owns 26,553 shares of the financial services provider’s stock valued at $3,473,000 after acquiring an additional 700 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in CBRE Group by 11.1% in the first quarter. Ashton Thomas Private Wealth LLC now owns 6,149 shares of the financial services provider’s stock worth $804,000 after purchasing an additional 616 shares during the period. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Stock Down 0.3%

CBRE opened at $165.39 on Tuesday. The firm has a market cap of $49.22 billion, a price-to-earnings ratio of 40.84 and a beta of 1.34. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.13 and a current ratio of 1.13. The firm’s 50-day simple moving average is $158.86 and its 200-day simple moving average is $155.93. CBRE Group has a twelve month low of $108.45 and a twelve month high of $171.00.

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

CBRE Group Company Profile

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.