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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., recognized as the world's largest office property manager, is showing promising signs of a turnaround in the office REIT sector. Recently, the company has experienced a remarkable rally, with its stock surging nearly 30% over the past three months. This surge has been bolstered by a strong earnings report, where both top and bottom lines exceeded analyst expectations. Such performance has garnered attention, particularly as the company navigates the challenges facing office spaces in the current market. Experts are optimistic about the company's ability to maintain this growth trajectory amid evolving economic conditions.
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 2025-02-21, CBRE Group Inc (CBRE-N) stock closed at a price of $135.78.
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.