Can analysts adopt a bullish outlook for CBRE Group Inc Class A (NYSE:CBG)?

June 16, 2018 - By Hazel Jackson

CBRE Group Inc  Class A (NYSE:CBG) LogoInvestors sentiment decreased to 1.02 in Q1 2018. Its down 0.22, from 1.24 in 2017Q4. It worsened, as 26 investors sold CBRE Group Inc Class A shares while 191 reduced holdings. 64 funds opened positions while 157 raised stakes. 307.07 million shares or 0.41% less from 308.33 million shares in 2017Q4 were reported.
Td Asset Management invested 0.01% in CBRE Group Inc Class A (NYSE:CBG). Arcadia Invest Mgmt Mi invested 1.32% of its portfolio in CBRE Group Inc Class A (NYSE:CBG). Origin Asset Management Ltd Liability Partnership accumulated 1.67% or 561,000 shares. State Of Wisconsin Investment Board owns 785,426 shares or 0.11% of their US portfolio. Systematic Management Ltd Partnership stated it has 0.6% of its portfolio in CBRE Group Inc Class A (NYSE:CBG). Affinity Advsr Lc accumulated 257,801 shares. Cipher Capital Ltd Partnership stated it has 0.12% of its portfolio in CBRE Group Inc Class A (NYSE:CBG). 1.41 million were accumulated by Evercore Wealth Limited Liability Corp. Hahn Limited Liability Corp holds 0% in CBRE Group Inc Class A (NYSE:CBG) or 896,694 shares. Srb Corp reported 4,642 shares. Df Dent And Inc holds 1.02M shares. Neuberger Berman Gp invested 0% in CBRE Group Inc Class A (NYSE:CBG). Bridgeway Cap stated it has 170,000 shares. Oppenheimer & Inc invested 0.12% in CBRE Group Inc Class A (NYSE:CBG). Paloma Prtn Management reported 0.51% of its portfolio in CBRE Group Inc Class A (NYSE:CBG).

Since February 9, 2018, it had 0 insider buys, and 9 selling transactions for $12.77 million activity. On Monday, March 12 the insider MALEK FREDERIC V sold $2.38 million. Shares for $1.16 million were sold by LAFITTE MICHAEL J. $1.10 million worth of CBRE Group Inc Class A (NYSE:CBG) shares were sold by Frese Calvin W Jr. The insider GROCH JAMES R sold $2.25M. CONCANNON WILLIAM F sold 29,483 shares worth $1.41 million.

CBRE Group Inc Class A (NYSE:CBG) Ratings Coverage

Among 8 analysts covering CBRE Group (NYSE:CBG), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. CBRE Group had 11 analyst reports since December 21, 2017 according to SRatingsIntel. JMP Securities downgraded the stock to “Market Perform” rating in Wednesday, January 24 report. JP Morgan maintained the shares of CBG in report on Tuesday, March 6 with “Overweight” rating. The rating was initiated by Raymond James on Tuesday, February 6 with “Buy”. The rating was maintained by Barclays Capital with “Overweight” on Thursday, March 15. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, February 9. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, January 30. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, March 8. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The stock has “Buy” rating by Goldman Sachs on Tuesday, April 3. William Blair reinitiated the shares of CBG in report on Friday, February 2 with “Buy” rating. Below is a list of CBRE Group Inc Class A (NYSE:CBG) latest ratings and price target changes.

03/04/2018 Broker: Goldman Sachs Rating: Buy New Target: $54.0000 Initiate
15/03/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $52 New Target: $56 Maintain
08/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $47.0 Maintain
06/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $50 New Target: $53 Maintain
09/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $45.0 Maintain
06/02/2018 Broker: Raymond James Rating: Buy New Target: $55.0 Initiate
02/02/2018 Broker: William Blair Rating: Buy Reinitiate
30/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $47 New Target: $52 Maintain
24/01/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Downgrade
22/01/2018 Broker: Evercore Rating: In-Line New Target: $48 Initiates Coverage On

The stock decreased 0.23% or $0.11 during the last trading session, reaching $47.31. About 1.40 million shares traded or Infinity% up from the average. CBRE Group Inc Class A (NYSE:CBG) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

CBRE Group, Inc. operates as a commercial real estate services and investment firm worldwide. The company has market cap of $. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services divisions. It currently has negative earnings. The firm offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; integrated property sales, and mortgage and structured financing services under the CBRE Capital Markets brand; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.

CBRE Group Inc  Class A (NYSE:CBG) Ratings Chart

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