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Modest stock gains, oil flatThis summary was created by AI, based on 1 opinions in the last 12 months.
CBRE Group Inc, with symbol CBRE-N, has experienced a strong turnaround as the No. 1 Office REIT, rallying nearly 30% in just 3 months. The company, considered the world's largest office property manager, reported a significant beat on both top and bottom lines last week. This impressive performance has garnered attention and positive reviews from experts, indicating a promising outlook for the stock.
The company is more attractive than its stock. Global leasing is improving really dramatically, and this company is in the midst of that improvement. Stock has moved quite nicely and now trading at about 18X earnings. They don’t pay a dividend. He would rather play this on the other side, through a REIT, and get some distributions.
CBRE Group Inc is a American stock, trading under the symbol CBRE-N on the New York Stock Exchange (CBRE). It is usually referred to as NYSE:CBRE or CBRE-N
In the last year, 1 stock analyst published opinions about CBRE-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CBRE Group Inc.
CBRE Group Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for CBRE Group Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of CBRE Group Inc published on Stockchase.
On 2024-12-13, CBRE Group Inc (CBRE-N) stock closed at a price of $137.3.
Office REITs are turning around. This one has rallied nearly 30% in 3 months, the world's largest office property manager. Last week, they reported a big top and bottom line beat.