Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for CBRE Group (NYSE:CBRE) Stock

CBRE Group (NYSE:CBREGet Free Report) had its price target increased by equities researchers at Keefe, Bruyette & Woods from $170.00 to $175.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 17.97% from the company’s previous close.

Several other research analysts also recently weighed in on the stock. Barclays upped their target price on shares of CBRE Group from $174.00 to $175.00 and gave the stock an “overweight” rating in a report on Tuesday, April 14th. Wall Street Zen downgraded 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 stock an “outperform” rating in a report on Thursday, February 12th. UBS Group raised 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 report on Sunday, February 22nd. Finally, Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, CBRE Group has an average rating of “Buy” and a consensus target price of $179.86.

Read Our Latest Stock Analysis on CBRE Group

CBRE Group Trading Down 0.6%

Shares of CBRE stock opened at $148.34 on Friday. The company has a market cap of $43.49 billion, a price-to-earnings ratio of 33.79 and a beta of 1.34. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.09. The firm has a fifty day moving average price of $141.05 and a 200-day moving average price of $153.55. CBRE Group has a 1 year low of $118.58 and a 1 year high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. The company had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. CBRE Group’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts predict that CBRE Group will post 7.65 earnings per share for the current year.

Insider Buying and Selling at CBRE Group

In other CBRE Group 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 value of $1,370,630.03. Following the sale, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction 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 completion of the sale, the insider owned 42,519 shares in the company, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 9,810 shares of company stock worth $1,448,600. Corporate insiders own 0.46% of the company’s stock.

Institutional Trading of CBRE Group

Several hedge funds have recently bought and sold shares of CBRE. Brighton Jones LLC lifted its stake in CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after purchasing an additional 11,065 shares in the last quarter. Woodline Partners LP lifted its stake in CBRE Group by 38.2% in the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after purchasing an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in CBRE Group by 67.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 179 shares in the last quarter. First Trust Advisors LP lifted its stake in CBRE Group by 41.3% in the 2nd quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock worth $3,474,000 after purchasing an additional 7,242 shares in the last quarter. Finally, Walleye Capital LLC lifted its stake in CBRE Group by 54.6% in the 2nd quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock worth $686,000 after purchasing an additional 1,728 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

Key Stories Impacting CBRE Group

Here are the key news stories impacting CBRE Group this week:

About CBRE Group

(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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