Professional
Added to YB: 2024-10-25
Pitch date: 2024-09-30
CBRE [bullish]
CBRE Group, Inc.
+19.52%
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
$41.0B
Pitch Price
$124.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.79
P/E
36.69
EV/Sales
1.24
Sector
Real Estate Management and Development
Category
turnaround
Artisan Mid Cap Fund New Position: CBRE Group, Inc.
CBRE: Leading global CRE broker. 3 units: market advisory, workforce solutions, real estate investments. CRE market bottoming as interest rates ease. Expects increased brokerage volumes & asset mgmt returns. 51% rev from Workforce Solutions, leveraging facilities mgmt outsourcing trend. Expanding to data centers & labs.
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