CBRE Group Inc [CBRE] Is Currently 0.68 below its 200 Period Moving Avg: What Does This Mean?

CBRE Group Inc [NYSE: CBRE] gained 0.68% on the last trading session, reaching $122.88 price per share at the time.

If compared to the average trading volume of 2.06M shares, CBRE reached a trading volume of 3168848 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about CBRE Group Inc [CBRE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CBRE shares is $147.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CBRE stock is a recommendation set at 1.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for CBRE Group Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 24, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $115 to $160. The new note on the price target was released on January 15, 2025, representing the official price target for CBRE Group Inc stock. Previously, the target price had yet another raise from $133 to $152, while Jefferies kept a Buy rating on CBRE stock. On December 16, 2024, analysts increased their price target for CBRE shares from 120 to 163.

The Average True Range (ATR) for CBRE Group Inc is set at 5.59, with the Price to Sales ratio for CBRE stock in the period of the last 12 months amounting to 1.03. The Price to Book ratio for the last quarter was 4.41, with the Price to Cash per share for the same quarter was set at 4.07. Price to Free Cash Flow for CBRE in the course of the last twelve months was 24.70.

Trading performance analysis for CBRE stock

CBRE Group Inc [CBRE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.84. With this latest performance, CBRE shares dropped by -8.14% in over the last four-week period, additionally sinking by -0.52% over the last 6 months – not to mention a rise of 42.82% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CBRE stock in for the last two-week period is set at 49.40, with the RSI for the last a single of trading hit 54.79, and the three-weeks RSI is set at 47.20 for CBRE Group Inc [CBRE]. The present Moving Average for the last 50 days of trading for this stock 129.65, while it was recorded at 119.26 for the last single week of trading, and 125.59 for the last 200 days.

CBRE Group Inc [CBRE]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CBRE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CBRE Group Inc go to 16.51%.

An analysis of Institutional ownership at CBRE Group Inc [CBRE]

There are presently around $100.12%, or 100.65%% of CBRE stock, in the hands of institutional investors. The top three institutional holders of CBRE stocks are: VANGUARD GROUP INC with ownership of 48.42 million shares, which is approximately 15.7853%. BLACKROCK INC., holding 29.48 million shares of the stock with an approximate value of $$2.63 billion in CBRE stocks shares; and BLACKROCK INC., currently with $$1.42 billion in CBRE stock with ownership which is approximately 5.2022%.