CBRE Group, Inc. (NYSE:CBRE) Receives Average Recommendation of “Moderate Buy” from Analysts

CBRE Group, Inc. (NYSE:CBREGet Free Report) has received an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $181.00.

A number of research firms recently issued reports on CBRE. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. UBS Group increased their target price on CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Keefe, Bruyette & Woods lifted their target price on CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th.

Get Our Latest Stock Report on CBRE Group

Insider Activity at CBRE Group

In related news, insider Chad J. Doellinger sold 228 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 transaction of $33,810.12. Following the completion of the sale, the insider owned 41,778 shares in the company, valued at $6,195,259.62. This trade represents a 0.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the sale, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $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. Insiders sold 5,144 shares of company stock worth $767,363 in the last 90 days. 0.46% of the stock is owned by corporate insiders.

Institutional Trading of CBRE Group

Large investors have recently modified their holdings of the company. Saudi Central Bank grew its stake in CBRE Group by 88.1% in the second quarter. Saudi Central Bank now owns 20,661 shares of the financial services provider’s stock worth $2,783,000 after purchasing an additional 9,677 shares in the last quarter. AlphaGrep UK Ltd purchased a new position in CBRE Group during the 2nd quarter worth $417,000. Munich Reinsurance Co Stock Corp in Munich raised its position in CBRE Group by 59.4% during the 2nd quarter. Munich Reinsurance Co Stock Corp in Munich now owns 35,969 shares of the financial services provider’s stock valued at $4,845,000 after purchasing an additional 13,400 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in CBRE Group by 46.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 9,004 shares of the financial services provider’s stock valued at $1,213,000 after purchasing an additional 2,865 shares in the last quarter. Finally, NEOS Investment Management LLC lifted its holdings in shares of CBRE Group by 6.9% in the 2nd quarter. NEOS Investment Management LLC now owns 108,956 shares of the financial services provider’s stock worth $14,675,000 after buying an additional 7,046 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Down 0.1%

Shares of NYSE CBRE opened at $152.02 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $44.02 billion, a P/E ratio of 34.87 and a beta of 1.18. CBRE Group has a 1 year low of $121.69 and a 1 year high of $174.27. The firm has a 50-day simple moving average of $141.91 and a two-hundred day simple moving average of $141.10.

CBRE Group (NYSE:CBREGet Free Report) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter in the prior year, the firm posted $1.19 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Research analysts anticipate that CBRE Group will post 7.77 earnings per share for the current year.

About CBRE Group

(Get Free Report)

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.

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Analyst Recommendations for CBRE Group (NYSE:CBRE)

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