CBRE Group Inc (CBRE) Stock Short-term Performance Analysis

At the time of writing, CBRE Group Inc [CBRE] stock is trading at $88.77, up 0.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The CBRE shares have gain 3.26% over the last week, with a monthly amount glided 3.22%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CBRE Group Inc [NYSE: CBRE] stock has seen the most recent analyst activity on April 10, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $107. Previously, Evercore ISI downgraded its rating to In-line on January 03, 2024, and elevated its price target to $96. On January 27, 2023, Citigroup initiated with a Buy rating and assigned a price target of $100 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform but stick to its price target of $88 on January 27, 2023. Raymond James upgraded its rating to a Strong Buy and reduced its price target to $110 on July 22, 2022. Goldman started tracking with a Buy rating for this stock on April 05, 2022, and assigned it a price target of $111. In a note dated November 23, 2021, Keefe Bruyette upgraded an Outperform rating on this stock but restated the target price of $115.

For the past year, the stock price of CBRE Group Inc fluctuated between $64.63 and $98.65. Currently, Wall Street analysts expect the stock to reach $104.75 within the next 12 months. CBRE Group Inc [NYSE: CBRE] shares were valued at $88.77 at the most recent close of the market. An investor can expect a potential return of 18.0% based on the average CBRE price forecast.

Analyzing the CBRE fundamentals

According to CBRE Group Inc [NYSE:CBRE], the company’s sales were 32.47B for trailing twelve months, which represents an 7.07% jump. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 87.94 points at the first support level, and at 87.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.48, and for the 2nd resistance point, it is at 90.18.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.84, the price to book ratio is 3.30 and price to earnings (TTM) ratio is 27.69.

Transactions by insiders

Recent insider trading involved Queenan Daniel G, CEO, Real Estate Investments, that happened on Jun 03 ’24 when 10000.0 shares were sold. Chief Financial Officer, Giamartino Emma E. completed a deal on Mar 12 ’24 to sell 704.0 shares. Meanwhile, Chief Financial Officer Giamartino Emma E. sold 2667.0 shares on Mar 11 ’24.

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