CBRE Group (NYSE:CBRE – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.800-6.100 for the period, compared to the consensus earnings per share estimate of 6.020. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research analysts have commented on CBRE shares. Evercore ISI decreased their price objective on CBRE Group from $147.00 to $141.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Keefe, Bruyette & Woods lifted their price objective on CBRE Group from $125.00 to $138.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 29th. Citigroup upped their target price on shares of CBRE Group from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Jefferies Financial Group upgraded shares of CBRE Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $133.00 to $152.00 in a research report on Thursday, January 2nd. Finally, The Goldman Sachs Group began coverage on shares of CBRE Group in a research note on Friday, December 6th. They set a “buy” rating and a $176.00 price target for the company. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $148.56.
View Our Latest Analysis on CBRE Group
CBRE Group Trading Up 1.2 %
CBRE Group (NYSE:CBRE – Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The financial services provider reported $2.32 EPS for the quarter, topping the consensus estimate of $2.20 by $0.12. CBRE Group had a return on equity of 13.91% and a net margin of 2.79%. Sell-side analysts anticipate that CBRE Group will post 4.99 EPS for the current fiscal year.
CBRE Group Company Profile
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.
Featured Stories
- Five stocks we like better than CBRE Group
- Airline Stocks – Top Airline Stocks to Buy Now
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- Investing in Commodities: What Are They? How to Invest in Them
- Up 50% in January, Twilio’s Pullback is the Time to Buy
- Stock Dividend Cuts Happen Are You Ready?
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.