CBRE Gets Moderate Buy Rating After EPS Beat
CBRE Group received an average “Moderate Buy” consensus rating, with a $181.00 average one-year price objective after UBS raised its target to $190 and reiterated a buy rating. The company reported quarterly EPS of $1.56, beating the $1.47 estimate. Insider selling continued in the quarter, and Ally Financial added a new stake valued around $2.69M.