CBRE Group, Inc. (NYSE: CBRE) is a global leader in real estate services and investments. The company offers a broad range of services, including leasing, capital markets, project management, and property management. With operations spanning over 100 countries and a workforce of 130,000 employees, CBRE is a major player in the real estate services sector.
The company’s financial strength is evident in its market cap of $42.19 billion and a revenue growth rate of 10% year-over-year, reaching $34.31 billion in the trailing twelve months. However, net income has seen a 29.92% decline compared to the previous year, totaling $958 million. The current PE ratio is 45.20, and its forward PE ratio of 24.37 indicates a more favorable valuation in the coming periods.
Current Share Price and Recent Performance
As of November 25, 2024, CBRE’s stock is trading at $140.32, reflecting a daily gain of 3.61%. Over the past month, the stock has witnessed steady growth, fueled by positive market sentiment and robust earnings.
Analysis of the Last Month
- Price Range: The stock’s price has moved between $135.55 and $140.96 in the past month.
- Volume Activity: The average daily trading volume is 1.81 million, with recent activity showing an uptick in trading interest.
- Trend Indicators: A 50-day moving average of $127.23 and a 200-day moving average of $103.85 suggest a bullish trend.
Key Factors Influencing Recent Performance
- Strong Earnings Reports: Earnings for Q3 2024 exceeded expectations, boosting investor confidence.
- Real Estate Market Recovery: The recovery in commercial real estate demand has positively impacted CBRE’s advisory and leasing segments.
- Institutional Buying: With 99.77% institutional ownership, the stock has strong support from large investors.
CBRE Share Price Target 2024
CBRE is projected to demonstrate steady growth in 2024, driven by strong demand for real estate services and a positive market outlook. Below is the detailed projected price range for each month:
| Month | Min Price ($) | Max Price ($) | % Increase/Decrease |
|---|---|---|---|
| January | 138 | 142 | -1.65% to +1.20% |
| February | 140 | 146 | -0.22% to +4.05% |
| March | 142 | 150 | +1.20% to +6.89% |
| April | 145 | 155 | +3.33% to +10.50% |
| May | 147 | 158 | +4.92% to +12.93% |
| June | 150 | 160 | +6.89% to +14.36% |
| July | 152 | 165 | +8.47% to +17.81% |
| August | 155 | 168 | +10.50% to +20.40% |
| September | 158 | 170 | +12.93% to +21.15% |
| October | 160 | 165 | +14.36% to +17.81% |
| November | 158 | 168 | +12.93% to +20.40% |
| December | 160 | 170 | +14.02% to +21.15% |
CBRE Share Price Target 2025
CBRE’s strategic growth, bolstered by urbanization and technological advancements, could lead to significant stock appreciation in 2025. The detailed projections are as follows:
| Month | Min Price ($) | Max Price ($) | % Increase/Decrease |
|---|---|---|---|
| January | 165 | 175 | +17.59% to +24.69% |
| February | 168 | 178 | +19.65% to +26.87% |
| March | 170 | 185 | +21.15% to +31.80% |
| April | 175 | 188 | +24.69% to +33.57% |
| May | 178 | 190 | +26.87% to +35.42% |
| June | 180 | 195 | +28.36% to +39.38% |
| July | 185 | 198 | +31.80% to +41.14% |
| August | 188 | 200 | +33.57% to +42.55% |
| September | 190 | 205 | +35.42% to +46.11% |
| October | 195 | 208 | +39.38% to +47.87% |
| November | 198 | 210 | +41.14% to +49.28% |
| December | 190 | 205 | +35.42% to +46.11% |
CBRE Share Price Target 2026
The global real estate market is expected to stabilize by 2026, enabling CBRE to maximize its market presence and boost its stock value. Below are the detailed projections:
| Month | Min Price ($) | Max Price ($) | % Increase/Decrease |
|---|---|---|---|
| January | 200 | 215 | +42.55% to +53.20% |
| February | 205 | 220 | +46.11% to +56.73% |
| March | 210 | 225 | +49.77% to +60.26% |
| April | 215 | 230 | +53.20% to +63.78% |
| May | 220 | 235 | +56.73% to +67.31% |
| June | 225 | 240 | +60.26% to +71.15% |
| July | 230 | 245 | +63.78% to +74.68% |
| August | 235 | 250 | +67.31% to +78.21% |
| September | 240 | 255 | +71.15% to +81.74% |
| October | 245 | 260 | +74.68% to +85.14% |
| November | 240 | 255 | +71.15% to +81.74% |
| December | 240 | 260 | +71.15% to +85.14% |
CBRE Share Price Target 2030 and Beyond
CBRE’s long-term outlook remains positive, with projections showing continued growth through 2030, 2035, and 2050. The company’s innovative approach and adaptability are likely to keep it competitive.
Long-Term Price Targets
| Year | Min Price | Max Price | % Increase/Decrease |
|---|---|---|---|
| 2030 | $400 | $450 | +185.44% to +220.94% |
| 2035 | $600 | $700 | +328.47% to +399.15% |
| 2040 | $850 | $1,000 | +505.42% to +612.47% |
| 2045 | $1,200 | $1,400 | +755.84% to +897.26% |
| 2050 | $1,800 | $2,200 | +1182.66% to +1467.96% |
Should You Buy CBRE Stock?
Technical and Financial Metrics
- Market Strength: CBRE is performing well, with strong earnings growth and positive market sentiment.
- Valuation: The stock’s forward PE ratio of 24.37 suggests reasonable future growth expectations.
- Risks: Potential risks include rising interest rates and the cyclical nature of real estate.
Is CBRE Stock a Good Buy?
Bull Case:
- Strong market position and global presence.
- Positive growth outlook in commercial real estate.
- Institutional backing provides stability.
Bear Case:
- High valuation may deter some investors.
- Dependence on economic cycles.
Competitor Comparison
| Company | Market Cap (B) | PE Ratio | Revenue Growth (YoY) |
|---|---|---|---|
| CBRE Group | $42.19 | 45.20 | +10.00% |
| Simon Property Group | $68.01 | 16.40 | +8.50% |
| Digital Realty Trust | $64.19 | 24.10 | +9.20% |
Conclusion
CBRE Group, Inc. is a promising investment for long-term investors looking to benefit from growth in the global real estate market. Its steady financial performance and robust market positioning make it an attractive stock, but investors should remain cautious about valuation and economic factors.