Wedbush disclosed CB Richard Ellis (NYSE:CBG), hiking its price target to $35.00 earlier today
- Updated: October 8, 2016
Reporting a potential upside of 0.27%, Wedbush upped the price target of CB Richard Ellis (NYSE:CBG) to $35.00
Having a price of $27.56, CB Richard Ellis (NYSE:CBG) traded -2.01% lower on the day. With the last close down -5.42% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CBG has recorded a 50-day average of $28.74 and a two hundred day average of $28.83. Trade Volume was up over the average, with 2,612,381 shares of CBG changing hands over the typical 2,566,690
Recent Performance Chart
CB Richard Ellis has PE ratio of 17.27 with a one year low of $22.74 and a one year high of $38.49 and has a market capitalization of $0.
A total of 6 analysts have released a report on CB Richard Ellis. Two analysts rating the company a strong buy, five analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $37.17.
General Company Details For CB Richard Ellis (NYSE:CBG)
CBRE Group, Inc. is a holding company that conducts all of its operations through its subsidiaries. The Company is a commercial real estate services and investment company. The Company operates through the segments: The Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services. It offers services to occupiers, owners, lenders and investors in office, retail, industrial, multifamily and other types of commercial real estate. It offers commercial real estate services under the CBRE brand name, investment management services under the CBRE Global Investors brand name and development services under the Trammell Crow Company brand name. It is focused on several competencies, including commercial property, corporate facilities, project and transaction management, tenant/occupier and property/agency leasing, capital markets solutions, real estate investment management, valuation, development services and proprietary research.
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