At the time of writing, CBRE Group Inc [CBRE] stock is trading at $108.12, up 1.41%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CBRE shares have lost -3.46% over the last week, with a monthly amount glided 22.36%, 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 July 26, 2024, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $123 from $100. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on July 25, 2024, and set its price target to $105. On April 10, 2024, Jefferies initiated with a Hold rating and assigned a price target of $107 on the stock. Evercore ISI downgraded its rating to a In-line and increased its price target to $96 on January 03, 2024. Citigroup initiated its recommendation with a Buy and recommended $100 as its price target on January 27, 2023. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on January 27, 2023, but kept the price target unchanged to $88. In a note dated July 22, 2022, Raymond James upgraded an Strong Buy rating on this stock and revised its target price from $122 to $110.
For the past year, the stock price of CBRE Group Inc fluctuated between $64.63 and $114.51. Currently, Wall Street analysts expect the stock to reach $112.8 within the next 12 months. CBRE Group Inc [NYSE: CBRE] shares were valued at $108.12 at the most recent close of the market. An investor can expect a potential return of 4.33% based on the average CBRE price forecast.
Analyzing the CBRE fundamentals
According to CBRE Group Inc [NYSE:CBRE], the company’s sales were 33.14B for trailing twelve months, which represents an 8.69% jump. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, 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 0.11 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.
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 105.41 points at the first support level, and at 102.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 110.60, and for the 2nd resistance point, it is at 113.07.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 3.97 and price to earnings (TTM) ratio is 36.19.
Transactions by insiders
Recent insider trading involved Caplan Lindsey S, Officer, that happened on Jul 26 ’24 when 2000.0 shares were purchased. Chief Accounting Officer, Caplan Lindsey S completed a deal on Jul 26 ’24 to sell 2000.0 shares. Meanwhile, CEO, Real Estate Investments Queenan Daniel G sold 10000.0 shares on Jun 03 ’24.
