Brokerages Set CBRE Group, Inc. (NYSE:CBRE) Price Target at $179.86

Shares of CBRE Group, Inc. (NYSE:CBRE) have received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $179.8571.

CBRE has been the topic of several research reports. Keefe, Bruyette & Woods cut their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Barclays dropped their price target on CBRE Group from $192.00 to $174.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th.

CBRE Group Stock Performance

Shares of CBRE stock opened at $134.73 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $39.77 billion, a P/E ratio of 34.90 and a beta of 1.33. The company’s 50 day moving average price is $150.47 and its two-hundred day moving average price is $156.14. CBRE Group has a 52 week low of $108.45 and a 52 week high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.67 billion. During the same quarter in the prior year, the company earned $2.32 earnings per share. The business’s quarterly revenue 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. On average, analysts expect that CBRE Group will post 5.99 earnings per share for the current fiscal year.

Insider Activity at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was 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 owned 126,501 shares of the company’s stock, valued at $18,799,313.61. This represents a 6.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 9,810 shares of company stock worth $1,448,600 in the last 90 days. Company insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On CBRE Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss RE Ltd. bought a new position in shares of CBRE Group in the 4th quarter valued at about $25,000. ORG Partners LLC increased its position in shares of CBRE Group by 264.4% in the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 119 shares during the last quarter. Navalign LLC bought a new stake in CBRE Group during the fourth quarter worth about $29,000. Twin Peaks Wealth Advisors LLC bought a new stake in CBRE Group during the second quarter worth about $30,000. Finally, Evelyn Partners Asset Management Ltd acquired a new position in CBRE Group during the second quarter valued at approximately $32,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

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.