A Director at CBRE Group Inc (CBRE) is Buying Shares
Today, a Director at CBRE Group Inc (CBRE), Gerardo Lopez, bought shares of CBRE for $212.1K.
This recent transaction increases Gerardo Lopez’s holding in the company by 23.77% to a total of $1.09 million.
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Based on CBRE Group Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $5.26 billion and quarterly net profit of $290 million. In comparison, last year the company earned revenue of $3.55 billion and had a net profit of $196 million. CBRE’s market cap is $14.23B and the company has a P/E ratio of 17.07. Currently, CBRE Group Inc has an average volume of 2.72M.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $53.67, reflecting a 26.0% upside.
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CBRE Group, Inc. engages in the provision of commercial real estate and investment services. It operates through the following segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services.