Analysts Set CBRE Group, Inc. (NYSE:CBRE) Target Price at $180.00

CBRE Group, Inc. (NYSE:CBRE) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $180.00.

A number of equities research analysts have issued reports on the stock. Barclays boosted their target price on shares of CBRE Group from $174.00 to $175.00 and gave the company an “overweight” rating in a report on Tuesday. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, February 13th.

CBRE Group Trading Up 2.5%

Shares of CBRE stock opened at $151.47 on Thursday. The company’s fifty day simple moving average is $141.35 and its two-hundred day simple moving average is $153.69. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. CBRE Group has a 1 year low of $113.74 and a 1 year high of $174.27. The stock has a market capitalization of $44.40 billion, a price-to-earnings ratio of 39.24 and a beta of 1.34.

CBRE Group (NYSE:CBRE) last issued its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.67 billion. During the same quarter in the previous year, the firm posted $2.32 EPS. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, analysts anticipate that CBRE Group will post 5.99 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the completion of the transaction, the chief financial officer directly owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This trade represents a 1.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,810 shares of company stock valued at $1,448,600 over the last 90 days. Company insiders own 0.42% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CBRE. Norges Bank purchased a new position in shares of CBRE Group during the 4th quarter valued at $643,405,000. Viking Global Investors LP purchased a new position in shares of CBRE Group during the 3rd quarter valued at $190,648,000. Northwestern Mutual Wealth Management Co. grew its position in shares of CBRE Group by 5,115.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after purchasing an additional 997,848 shares in the last quarter. XN LP purchased a new position in shares of CBRE Group during the 4th quarter valued at $147,134,000. Finally, Invesco Ltd. grew its position in shares of CBRE Group by 16.1% during the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock valued at $981,795,000 after purchasing an additional 862,656 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

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.