CBRE Group (NYSE:CBRE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of CBRE Group (NYSE:CBREFree Report) from a hold rating to a buy rating in a report released on Saturday morning.

Other research analysts also recently issued research reports about the stock. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Keefe, Bruyette & Woods decreased their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Finally, Barclays boosted their price target on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $182.43.

Get Our Latest Analysis on CBRE

CBRE Group Stock Performance

Shares of NYSE:CBRE opened at $144.84 on Friday. The company has a market cap of $42.75 billion, a price-to-earnings ratio of 37.52 and a beta of 1.33. The company has a 50-day moving average price of $160.93 and a 200-day moving average price of $159.35. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. CBRE Group has a 12 month low of $108.45 and a 12 month high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last issued its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, topping the consensus estimate of $2.68 by $0.05. The business had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, equities analysts anticipate that CBRE Group will post 5.99 EPS for the current year.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.42% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Reflection Asset Management purchased a new position in CBRE Group during the 4th quarter worth $46,000. SG Trading Solutions LLC purchased a new stake in shares of CBRE Group in the 4th quarter worth $2,404,000. Virtu Financial LLC bought a new position in shares of CBRE Group during the 4th quarter worth $1,185,000. MV Capital Management Inc. purchased a new position in shares of CBRE Group during the fourth quarter valued at $42,000. Finally, Dean Capital Management increased its stake in shares of CBRE Group by 3.2% during the fourth quarter. Dean Capital Management now owns 13,020 shares of the financial services provider’s stock valued at $2,093,000 after buying an additional 405 shares during the period. Institutional investors own 98.41% of the company’s stock.

CBRE Group Company Profile

(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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