Professional
Added to YB: 2024-10-11
Pitch date: 2024-09-30
CBRE [bullish]
CBRE Group, Inc.
+9.11%
current return
Author Info
No bio for this author
Company Info
CBRE Group, Inc. operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally.
Market Cap
$42.5B
Pitch Price
$124.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.33
P/E
37.97
EV/Sales
1.27
Sector
Real Estate Management and Development
Category
turnaround
Vulcan Value Partners Focus Review Portfolio Holding: CBRE Group, Inc.
CBRE: Diversified CRE services. Transactional biz hit by high rates & office market, but recurring (outsourced facilities mgmt) growing double-digits. Q2 results suggest transactional bottomed, poised for recovery. Should benefit from falling rates. Solid performance in challenging RE environment.
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