CBRE Group, Inc. (CBRE)
NYSE: CBRE · IEX Real-Time Price · USD
86.04
+1.14 (1.34%)
At close: Apr 22, 2024, 4:00 PM
85.77
-0.27 (-0.31%)
Pre-market: Apr 23, 2024, 5:30 AM EDT
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 15.64% from the current stock price of 86.04.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 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 | +24.36% | Apr 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $103 → $104 | Hold | Maintains | $103 → $104 | +20.87% | Apr 2, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $96 → $100 | Hold | Maintains | $96 → $100 | +16.23% | Feb 16, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $95 → $103 | Strong Buy | Maintains | $95 → $103 | +19.71% | Jan 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $79 → $96 | Buy → Hold | Downgrades | $79 → $96 | +11.58% | Jan 3, 2024 |
Financial Forecast
Revenue This Year
35.95B
from 31.95B
Increased by 12.53%
Revenue Next Year
39.19B
from 35.95B
Increased by 9.00%
EPS This Year
4.45
from 3.15
Increased by 41.37%
EPS Next Year
5.62
from 4.45
Increased by 26.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.4B | 42.8B | 46.5B | 46.8B | 46.3B |
| Avg | 36.0B | 39.2B | 41.6B | 44.0B | 45.0B |
| Low | 32.7B | 34.2B | 33.0B | 40.8B | 43.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.2% | 19.0% | 18.6% | 12.7% | 5.3% |
| Avg | 12.5% | 9.0% | 6.1% | 5.7% | 2.2% |
| Low | 2.2% | -4.8% | -15.8% | -2.0% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.78 | 6.46 | 7.83 | 9.14 |
| Avg | 4.45 | 5.62 | 6.87 | 8.87 |
| Low | 3.53 | 4.45 | 5.43 | 8.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 51.7% | 45.0% | 39.3% | 33.0% |
| Avg | 41.4% | 26.2% | 22.2% | 29.2% |
| Low | 12.0% | -0.1% | -3.4% | 24.1% |
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.