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

Shares of CBRE Group, Inc. (NYSE:CBRE) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. One investment 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 brokerages that have issued a report on the stock in the last year is $178.40.

CBRE has been the topic of several analyst reports. Barclays upped their target price on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Weiss Ratings restated a “hold (c+)” rating on shares of CBRE Group in a research report on Friday, August 21st. Keefe, Bruyette & Woods reduced their price target on shares of CBRE Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, UBS Group raised their price objective on shares of CBRE Group from $185.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 30th.

Insider Buying and Selling

In related news, insider Chad Doellinger sold 228 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the sale, the insider directly owned 41,778 shares of the company’s stock, valued at $6,195,259.62. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of CBRE Group stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total value of $399,900.00. Following the completion of the transaction, the chief executive officer owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. The trade was a 1.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock worth $767,363 in the last three months. Insiders own 0.46% of the company’s stock.

Institutional Trading of CBRE Group

A number of hedge funds and other institutional investors have recently made changes to their positions in CBRE. Ascentis Independent Advisors acquired a new position in CBRE Group during the 1st quarter worth about $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in CBRE Group in the 1st quarter valued at about $33,000. MV Capital Management Inc. acquired a new stake in CBRE Group in the 4th quarter valued at about $42,000. Sound Income Strategies LLC raised its stake in shares of CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 259 shares during the last quarter. Finally, Reflection Asset Management bought a new position in shares of CBRE Group in the fourth quarter worth about $46,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Price Performance

CBRE Group stock opened at $130.79 on Thursday. The business has a 50 day simple moving average of $142.42 and a 200 day simple moving average of $139.63. 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 capitalization of $37.88 billion, a PE ratio of 30.00 and a beta of 1.23. CBRE Group has a one year low of $121.69 and a one year high of $174.27.

CBRE Group (NYSE:CBRE) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. The firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $11.18 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%. The business’s revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. On average, sell-side analysts forecast that CBRE Group will post 7.79 EPS for the current fiscal year.

About CBRE Group

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.