CBRE Group, Inc. (CBRE)
NYSE: CBRE · IEX Real-Time Price · USD
87.08
+1.11 (1.29%)
Jul 2, 2024, 4:00 PM EDT - Market closed
CBRE Group Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CBRE Group stock have an average target of 99.5, with a low estimate of 85 and a high estimate of 107. The average target predicts an increase of 14.26% from the current stock price of 87.08.
Analyst Consensus: Buy
* Price targets were last updated on Apr 10, 2024.
Analyst Ratings
The average analyst rating for CBRE Group stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Initiates $107 | Hold | Initiates | $107 | +22.88% | Apr 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $103 → $104 | Hold | Maintains | $103 → $104 | +19.43% | Apr 2, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $96 → $100 | Hold | Maintains | $96 → $100 | +14.84% | Feb 16, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $95 → $103 | Strong Buy | Maintains | $95 → $103 | +18.28% | Jan 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $79 → $96 | Buy → Hold | Downgrades | $79 → $96 | +10.24% | Jan 3, 2024 |
Financial Forecast
Revenue This Year
35.71B
from 31.95B
Increased by 11.76%
Revenue Next Year
39.18B
from 35.71B
Increased by 9.73%
EPS This Year
4.56
from 3.15
Increased by 44.61%
EPS Next Year
5.72
from 4.56
Increased by 25.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.1B | 42.7B | 46.3B | 49.9B | 53.4B |
| Avg | 35.7B | 39.2B | 41.8B | 46.9B | 49.7B |
| Low | 33.2B | 35.0B | 35.0B | 43.1B | 45.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.3% | 19.5% | 18.2% | 19.5% | 13.9% |
| Avg | 11.8% | 9.7% | 6.6% | 12.3% | 6.0% |
| Low | 4.0% | -2.0% | -10.7% | 3.1% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.79 | 6.46 | 7.56 | 8.61 | 9.71 |
| Avg | 4.56 | 5.72 | 6.92 | 7.88 | 9.44 |
| Low | 4.29 | 5.20 | 6.23 | 7.10 | 9.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.0% | 41.8% | 32.3% | 24.5% | 23.3% |
| Avg | 44.6% | 25.5% | 21.0% | 13.9% | 19.7% |
| Low | 36.3% | 14.2% | 9.0% | 2.7% | 15.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.