Keefe, Bruyette & Woods Increases CBRE Group (NYSE:CBRE) Price Target to $175.00

CBRE Group (NYSE:CBREGet Free Report) had its price objective hoisted by stock analysts at Keefe, Bruyette & Woods from $170.00 to $175.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 18.31% from the company’s previous close.

CBRE has been the topic of several other research reports. Evercore reissued an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Wall Street Zen downgraded shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Barclays upped their price target on shares of CBRE Group from $174.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $179.86.

Check Out Our Latest Analysis on CBRE

CBRE Group Price Performance

Shares of CBRE stock traded down $1.40 during mid-day trading on Friday, hitting $147.92. The company had a trading volume of 459,098 shares, compared to its average volume of 2,185,343. CBRE Group has a 52-week low of $118.58 and a 52-week high of $174.27. The stock’s 50 day moving average price is $140.92 and its 200-day moving average price is $153.58. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $43.36 billion, a P/E ratio of 38.44 and a beta of 1.34.

CBRE Group (NYSE:CBREGet Free Report) last released its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities research analysts forecast that CBRE Group will post 7.43 earnings per share for the current year.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction dated Thursday, February 26th. The shares were 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 directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of CBRE Group stock in a transaction dated 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 approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,810 shares of company stock valued at $1,448,600. 0.46% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CBRE. Norges Bank purchased a new position in CBRE Group in the 4th quarter worth about $643,405,000. Viking Global Investors LP purchased a new position in CBRE Group in the 3rd quarter worth about $190,648,000. Northwestern Mutual Wealth Management Co. increased its stake in CBRE Group by 5,115.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after buying an additional 997,848 shares during the period. XN LP purchased a new position in CBRE Group in the 4th quarter worth about $147,134,000. Finally, Invesco Ltd. increased its stake in CBRE Group by 16.1% in the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after buying an additional 862,656 shares during the period. 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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