CBRE Group, Inc. Reports Financial Results for Second-Quarter 2024

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CBRE Group (CBRE) PT Raised to $115 at CFRA

July 29, 2024 10:20 AM EDT

CFRA analyst Catherine Seifert raised the price target on CBRE Group (NYSE: CBRE) to $115.00 (from $86.00) while maintaining a Hold rating.

The analyst comments "We raise our 12-month target price by $29 to $115, valuing CBRE shares at 20.2x our 2025 adjusted EPS estimate of $5.70 (upped today by... More

Evercore ISI Upgrades CBRE Group (CBRE) to Outperform

July 26, 2024 5:00 AM EDT

Evercore ISI analyst Steve Sakawa upgraded CBRE Group (NYSE: CBRE) from In Line to Outperform with a price target of $123.00 (from $100.00).

The analyst comments "Given the Q2 beat and an improved outlook across a number of the companys business lines including a less bad sales environment, improved profitability in the REI segment (based on... More

CBRE Group (CBRE) PT Raised to $120 at JPMorgan

July 26, 2024 4:52 AM EDT

JPMorgan analyst Anthony Paolone raised the price target on CBRE Group (NYSE: CBRE) to $120.00 (from $101.00) while maintaining a Neutral rating.

The analyst comments "Following CBREs strong 7/25 earnings release (see note here), we updated our model and refreshed underlying assumptions. As a result, we are increasing... More