Barclays Lowers CBRE Group (NYSE:CBRE) Price Target to $174.00

CBRE Group (NYSE:CBRE) had its price objective decreased by investment analysts at Barclays from $192.00 to $174.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the financial services provider’s stock. Barclays‘s price objective points to a potential upside of 29.50% from the stock’s current price.

A number of other equities analysts have also commented on the stock. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Keefe, Bruyette & Woods cut their price objective on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their target price for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. 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.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $179.86.

CBRE Group Price Performance

CBRE traded up $2.52 during trading on Friday, hitting $134.36. 1,148,877 shares of the stock traded hands, compared to its average volume of 2,299,863. The business has a 50 day moving average price of $156.74 and a 200 day moving average price of $158.09. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. CBRE Group has a twelve month low of $108.45 and a twelve month high of $174.27. The company has a market cap of $39.66 billion, a price-to-earnings ratio of 34.81 and a beta of 1.33.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data 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. The business had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.CBRE Group’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities research analysts forecast that CBRE Group will post 5.99 earnings per share for the current fiscal year.

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the firm’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 value of $1,370,630.03. Following the completion of the sale, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This trade represents a 6.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of the company’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 value of $62,883.21. Following the transaction, the insider directly owned 42,519 shares in the company, valued at $5,676,711.69. The trade was a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,810 shares of company stock valued at $1,448,600 over the last ninety days. 0.42% of the stock is currently owned by corporate insiders.

Institutional Trading of CBRE Group

Several hedge funds have recently bought and sold shares of CBRE. Swiss RE Ltd. bought a new position in shares of CBRE Group during the 4th quarter worth approximately $25,000. ORG Partners LLC grew its holdings 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 in the last quarter. Navalign LLC purchased a new stake in shares of CBRE Group during the fourth quarter valued at approximately $29,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of CBRE Group during the second quarter valued at approximately $30,000. Finally, Evelyn Partners Asset Management Ltd bought a new stake in CBRE Group during the second quarter worth $32,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

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.