Are Wall Street Analysts Predicting CBRE Group Stock Will Climb or Sink?

Core Insights - CBRE Group, Inc. is a commercial real estate services and investment company with a market cap of $50.5 billion, providing strategic advice and execution to real estate stakeholders [1] Performance Overview - Over the past 52 weeks, CBRE shares have increased by 17.4%, outperforming the S&P 500 Index, which rose by 14% [2] - Year-to-date, CBRE's stock is up 5.5%, compared to a 1.3% increase in the S&P 500 [2] - CBRE has also outperformed the State Street Real Estate Select Sector SPDR ETF (XLRE), which saw a marginal decline over the past 52 weeks and a 4.1% gain year-to-date [3] Earnings Report - On October 23, CBRE reported Q3 earnings with a revenue increase of 13.5% year-over-year to $10.3 billion, exceeding consensus estimates by 3.4% [6] - The core EPS for the quarter was $1.61, a 34.2% increase from the previous year, surpassing analyst expectations of $1.47 [6] - The company raised its fiscal 2025 core EPS guidance to a range of $6.25 to $6.35, driven by strong leasing momentum and growth in facilities management [6] Analyst Expectations - For the current fiscal year ending in December, analysts project CBRE's EPS to grow by 23.9% year-over-year to $6.32 [7] - CBRE has consistently exceeded consensus estimates in the last four quarters, with a consensus rating of "Strong Buy" from 13 analysts [7] - The configuration of analyst ratings has become more bullish, with seven analysts recommending a "Strong Buy" [8] Price Targets - Barclays PLC has maintained an "Overweight" rating on CBRE, raising its price target to $192, indicating a potential upside of 13.3% from current levels [8] - The mean price target is $190.64, suggesting a 12.5% premium, while the highest price target of $212 indicates a potential upside of 25.1% [8]