CBRE Group, Inc. (NYSE:CBRE) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of CBRE Group, Inc. (NYSE:CBRE) have been given an average rating of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $182.4286.

A number of research firms have issued reports on CBRE. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the company from $175.00 to $185.00 in a research report on Sunday. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Weiss Ratings cut shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Barclays raised their target price on shares of CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Finally, Keefe, Bruyette & Woods lowered their price target 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.

CBRE Group Stock Performance

Shares of CBRE Group stock opened at $146.53 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. The company has a market cap of $43.25 billion, a PE ratio of 37.96 and a beta of 1.34. The company has a 50 day moving average of $162.07 and a 200-day moving average of $159.62. CBRE Group has a 1-year low of $108.45 and a 1-year high of $174.27.

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

Institutional Trading of CBRE Group

A number of hedge funds have recently made changes to their positions in CBRE. State Street Corp raised its holdings in CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after buying an additional 105,586 shares during the last quarter. Principal Financial Group Inc. increased its position in CBRE Group by 1.1% in the 4th quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock valued at $1,538,443,000 after acquiring an additional 99,532 shares during the period. Geode Capital Management LLC raised its stake in shares of CBRE Group by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after acquiring an additional 151,027 shares during the last quarter. Harris Associates L P lifted its holdings in shares of CBRE Group by 0.6% during the fourth quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock worth $1,114,053,000 after purchasing an additional 38,646 shares during the period. Finally, Morgan Stanley grew its stake in shares of CBRE Group by 6.4% in the fourth quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock worth $1,075,849,000 after purchasing an additional 403,489 shares during the last quarter. 98.41% of the stock is 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.