Barclays Cuts Price Target on CB Richard Ellis Group (CBG)

August 1, 2011 3:56 PM EDT
Get Alerts CBG Hot Sheet
Price: $47.31 -0.23%

Rating Summary:
    6 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Barclays is reiterating its Overweight rating on shares of CB Richard Ellis Group (NYSE: CBG), but is cutting its price target by $3 to $30 following its Q2 results.

AEPS of $0.21 was $0.02 below the firms estimate of $0.23 and $0.03 below the consensus of $0.24.

For more ratings news on CB Richard Ellis Group click here and for the rating history of CB Richard Ellis Group click here.

Shares of CB Richard Ellis Group closed at $21.80 yesterday.


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