William Blair analyst Stephen Sheldon has maintained their bullish stance on CBRE stock, giving a Buy rating on July 23.
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Stephen Sheldon has given his Buy rating due to a combination of factors that highlight CBRE Group’s strong financial performance and positive outlook. The company’s Advisory Services segment demonstrated impressive revenue growth, significantly surpassing initial expectations in both leasing and global property sales. This robust performance was further supported by a notable increase in segment profit growth, which exceeded estimates.
In addition, the Building Operations & Experience segment also outperformed, with facilities and property management revenues growing beyond projections. Although the Real Estate Investments segment did not meet expectations, the assets under management showed a favorable increase. Furthermore, CBRE’s second-quarter core EPS and EBITDA figures were strong, with the company raising its core EPS guidance for 2025, indicating a promising growth trajectory.
In another report released on July 23, Raymond James also maintained a Buy rating on the stock with a $166.00 price target.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CBRE in relation to earlier this year.