CBRE Group (CBRE) Stock Forecast & Price Target

$135.43 +3.78 (+2.87%)

(As of 11/22/2024 ET)

CBRE Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 7 Analyst Ratings

Sell
0

Hold
4

Buy
3

Based on 7 Wall Street analysts who have issued ratings for CBRE Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 4 have given a hold rating, 1 has given a buy rating, and 2 have given a strong buy rating for CBRE.

Consensus Price Target

$116.83
-13.73% Downside

According to the 7 analysts' twelve-month price targets for CBRE Group, the average price target is $116.83. The highest price target for CBRE is $138.00, while the lowest price target for CBRE is $95.00. The average price target represents a forecasted downside of -13.73% from the current price of $135.43.

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CBRE Analyst Ratings Over Time

Type	Current Forecast 11/25/23 to 11/24/24	1 Month Ago 10/26/23 to 10/25/24	3 Months Ago 8/27/23 to 8/26/24	1 Year Ago 11/25/22 to 11/25/23
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$116.83	$113.83	$110.29	$90.43
Forecasted Upside	-13.73% Downside	-14.11% Downside	-5.51% Downside	14.45% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CBRE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CBRE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

CBRE Group Stock vs. The Competition

Type	CBRE Group	Finance Companies	S&P 500
Consensus Rating Score	2.71	2.49	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-13.73% Downside	10.30% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent CBRE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/29/2024	Keefe, Bruyette & Woods 4 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$125.00 ➝ $138.00	+6.33%
10/4/2024	Evercore ISI 2 of 5 stars	S. Sakwa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$123.00 ➝ $132.00	+7.97%
8/16/2024	Wolfe Research 3 of 5 stars	A. Rosivach Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/25/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$122.00 ➝ $124.00	+12.70%
7/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$105.00	-4.56%
7/3/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$100.00 ➝ $95.00	+9.10%
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4/10/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$107.00	+11.23%
9/18/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$98.00	+23.89%
4/10/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$103.00 ➝ $90.00	+28.00%
3/3/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$80.00 ➝ $89.00	+4.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:01 AM ET.

Should I Buy CBRE Group Stock? CBRE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these CBRE Group pros and cons to contact@marketbeat.com.

CBRE Group
Bull Case

Here are some ways that investors could benefit from investing in CBRE Group, Inc.:

CBRE Group, Inc. reported a significant revenue increase of 14.8% year-over-year, indicating strong growth potential and operational efficiency.
The company exceeded analysts' earnings expectations with $1.20 earnings per share (EPS), surpassing the consensus estimate of $1.06 by $0.14, showcasing its profitability.
Recent analyst upgrades, including a "strong-buy" rating from Wolfe Research and increased price targets from multiple firms, suggest positive market sentiment and potential for stock appreciation.
Institutional investors hold 98.41% of the stock, reflecting strong confidence from large financial entities in the company's future performance.
The current stock price is around $112.00, which is considered attractive given the company's growth trajectory and positive earnings outlook.

CBRE Group
Bear Case

Investors should be bearish about investing in CBRE Group, Inc. for these reasons:

Despite strong revenue growth, the net margin of 2.79% indicates that the company may face challenges in maintaining profitability amidst rising operational costs.
Recent insider selling, including significant shares sold by the CEO and a director, could signal a lack of confidence in the stock's short-term performance.
While the stock has received upgrades, five analysts still rate it as a hold, suggesting that there may be concerns about its valuation or market conditions.
The competitive landscape in the commercial real estate sector can pose risks, as market fluctuations may impact CBRE Group, Inc.'s performance.
Analysts project earnings per share of 4.94 for the current year, which, while positive, may not meet the high expectations set by recent performance, leading to potential volatility.

CBRE Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for CBRE Group is $116.83, with a high forecast of $138.00 and a low forecast of $95.00.
: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBRE Group in the last year. There are currently 4 hold ratings, 1 buy rating and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CBRE shares.
: According to analysts, CBRE Group's stock has a predicted downside of -13.73% based on their 12-month stock forecasts.
: CBRE Group has been rated by research analysts at Evercore ISI, and Keefe, Bruyette & Woods in the past 90 days.
: Analysts like CBRE Group more than other "finance" companies. The consensus rating for CBRE Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how CBRE compares to other companies.

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This page (NYSE:CBRE) was last updated on 11/24/2024 by MarketBeat.com Staff

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CBRE Group (CBRE) Stock Forecast & Price Target