CBRE Group, Inc. (NYSE:CBRE) Given Average Rating of “Moderate Buy” by Analysts

Shares of CBRE Group, Inc. (NYSE:CBRE) have earned an average rating of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $171.8889.

CBRE has been the topic of several recent research reports. UBS Group lifted their target price on CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Morgan Stanley lifted their price objective on CBRE Group from $170.00 to $180.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. JPMorgan Chase & Co. upped their target price on CBRE Group from $143.00 to $185.00 and gave the company an “overweight” rating in a report on Tuesday, August 26th. Evercore ISI increased their target price on shares of CBRE Group from $164.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Finally, Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd.

Institutional Trading of CBRE Group

A number of large investors have recently bought and sold shares of CBRE. Obermeyer Wealth Partners boosted its position in shares of CBRE Group by 2.8% during the 2nd 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 boosted its holdings in shares of CBRE Group by 40.7% during 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 in the last quarter. Fidelis Capital Partners LLC boosted its holdings 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 worth $601,000 after buying an additional 69 shares in the last quarter. Parallel Advisors LLC grew 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 worth $594,000 after buying an additional 71 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of CBRE Group by 1.7% in the 3rd quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock valued at $688,000 after acquiring an additional 71 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Trading Up 3.5%

Shares of NYSE CBRE opened at $156.91 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.13 and a current ratio of 1.13. CBRE Group has a 52-week low of $108.45 and a 52-week high of $171.00. The firm has a 50 day moving average price of $156.32 and a two-hundred day moving average price of $147.74. The stock has a market cap of $46.70 billion, a P/E ratio of 38.74 and a beta of 1.39.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, October 23rd. The financial services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.15. CBRE Group had a net margin of 3.12% and a return on equity of 20.55%. The company had revenue of $10.26 billion for the quarter, compared to analyst estimates of $10.11 billion. During the same quarter in the previous year, the business earned $1.20 earnings per share. CBRE Group’s 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, equities analysts forecast that CBRE Group will post 5.99 EPS for the current year.

CBRE Group Company Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.