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CBRE Group (CBRE) Stock Forecast & Price Target

CBRE Group logo
$139.31 +3.88 (+2.86%)
(As of 08:35 PM 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

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
-16.13% 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 -16.13% from the current price of $139.31.
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CBRE Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
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-16.13% Downside-14.11% Downside-4.38% Downside14.45% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
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CBRE Group Stock vs. The Competition

TypeCBRE GroupFinance CompaniesS&P 500
Consensus Rating Score
2.71
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-14.63% Downside9.97% Upside7.18% Upside
News Sentiment Rating
Positive News

See Recent CBRE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/29/2024Keefe, Bruyette & Woods
4 of 5 stars
 Boost TargetMarket Perform ➝ Market Perform$125.00 ➝ $138.00+6.33%
10/4/2024Evercore ISI
2 of 5 stars
S. Sakwa
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Boost TargetOutperform ➝ Outperform$123.00 ➝ $132.00+7.97%
8/16/2024Wolfe Research
3 of 5 stars
A. Rosivach
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UpgradeStrong-Buy
7/25/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$122.00 ➝ $124.00+12.70%
7/25/2024Morgan Stanley
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 Initiated CoverageEqual Weight$105.00-4.56%
7/3/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$100.00 ➝ $95.00+9.10%
4/10/2024Jefferies Financial Group
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 Initiated CoverageHold$107.00+11.23%
9/18/2023Citigroup
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 Reiterated RatingBuy ➝ Buy$98.00+23.89%
4/10/2023The Goldman Sachs Group
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 Lower TargetBuy$103.00 ➝ $90.00+28.00%
3/3/2023JPMorgan Chase & Co.
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 Boost TargetNeutral$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 Monday at 02:54 PM 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

green Wall Street bull icon

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

red Wall Street bear icon

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 twelve months. 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 -16.13% 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.


This page (NYSE:CBRE) was last updated on 11/25/2024 by MarketBeat.com Staff
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