CBRE Group, Inc. (NYSE:CBRE) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• CBRE Group, Inc. has received an average **"Moderate Buy"** rating from analysts, with two hold recommendations and seven buy recommendations, alongside a 12-month price target averaging **$165.22**.
• The company recently posted **$1.19 EPS** for the quarter, exceeding analysts' estimates, and had a revenue of **$9.75 billion**, surpassing expectations of $9.50 billion.
• Insider trading activity includes CFO Emma Giamartino selling **2,000 shares** and CEO Vikramaditya Kohli selling **1,000 shares**, reflecting notable movements in company ownership.

Shares of CBRE Group, Inc. (NYSE:CBRE - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $165.2222.

Several research analysts have recently weighed in on the stock. Morgan Stanley reiterated an "overweight" rating and set a $170.00 price objective (up from $160.00) on shares of CBRE Group in a report on Thursday, June 12th. Keefe, Bruyette & Woods upped their target price on CBRE Group from $131.00 to $147.00 and gave the stock a "market perform" rating in a research report on Thursday, July 24th. UBS Group upped their target price on shares of CBRE Group from $130.00 to $146.00 and gave the company a "neutral" rating in a research note on Wednesday, July 2nd. Evercore ISI raised their price objective on shares of CBRE Group from $164.00 to $185.00 and gave the stock an "outperform" rating in a report on Monday, August 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of CBRE Group from $143.00 to $185.00 and gave the company an "overweight" rating in a report on Tuesday, August 26th.

CBRE Group Trading Up 1.7%

Shares of CBRE traded up $2.66 on Wednesday, hitting $161.79. 1,162,854 shares of the stock traded hands, compared to its average volume of 1,806,428. The firm has a market capitalization of $48.14 billion, a P/E ratio of 45.32 and a beta of 1.36. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.51. CBRE Group has a 1 year low of $108.45 and a 1 year high of $165.41. The stock's 50 day moving average is $151.32 and its two-hundred day moving average is $136.16.

CBRE Group (NYSE:CBRE - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.14. CBRE Group had a return on equity of 18.89% and a net margin of 2.86%.The company had revenue of $9.75 billion during the quarter, compared to the consensus estimate of $9.50 billion. CBRE Group has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, sell-side analysts predict that CBRE Group will post 5.99 earnings per share for the current year.

Insider Activity

In other CBRE Group news, CEO Vikramaditya Kohli sold 1,000 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $154.90, for a total value of $154,900.00. Following the sale, the chief executive officer directly owned 111,473 shares in the company, valued at approximately $17,267,167.70. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lindsey S. Caplan sold 1,935 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $140.00, for a total transaction of $270,900.00. Following the completion of the transaction, the chief accounting officer directly owned 20,131 shares of the company's stock, valued at $2,818,340. This represents a 8.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,926 shares of company stock worth $1,338,073 over the last three months. Corporate insiders own 0.42% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of CBRE Group by 322.9% during the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider's stock worth $1,903,000 after buying an additional 11,065 shares during the last quarter. Aptus Capital Advisors LLC bought a new position in CBRE Group in the fourth quarter worth $213,000. BNP Paribas Financial Markets boosted its stake in CBRE Group by 4.1% during the fourth quarter. BNP Paribas Financial Markets now owns 534,190 shares of the financial services provider's stock worth $70,134,000 after buying an additional 20,987 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of CBRE Group by 14.7% during the 4th quarter. Brown Advisory Inc. now owns 104,955 shares of the financial services provider's stock worth $13,780,000 after acquiring an additional 13,484 shares during the period. Finally, Caxton Associates LP acquired a new stake in CBRE Group during the fourth quarter valued at approximately $936,000. Institutional investors own 98.41% of the company's stock.

About CBRE Group

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.