Keefe, Bruyette & Woods cuts target for CBRE Group stock to USD 164.00
Published on 10/17/2026 at 20:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results date
- Keefe, Bruyette & Woods lowered its CBRE target from USD 174.00 to USD 164.00 on October 9, 2026.
- CBRE will publish third-quarter 2026 results on October 22, 2026.
- CBRE Group stock was last at EUR 118.40 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, and the NYSE move was minus 1.78 percent.
- CBRE carried a USD 38.5 billion market capitalization and a 30.52 P/E ratio on October 16, 2026.
Keefe, Bruyette & Woods lowered its CBRE Group target from USD 174.00 to USD 164.00 on October 9, 2026, leaving the target 23.23 percent above CBRE's USD 133.08 NYSE price on October 16, according to MarketBeat. The target reduction keeps the analyst's outperform rating in place.
CBRE's next scheduled catalyst is its third-quarter 2026 report. CBRE said on September 28, 2026 that it will release results at approximately 6:55 a.m. ET on October 22, followed by a conference call at 8:30 a.m. ET. The date is four trading sessions away.
Target distance and latest results
The 23.23 percent target distance uses the USD 133.08 NYSE price on October 16 and the revised USD 164.00 target. It is a valuation reference, not a forecast. The next report can test whether the earnings path supports that gap.
CBRE reported USD 11.23 billion of revenue for the second quarter of 2026, up 15.10 percent from the year-earlier quarter, while adjusted earnings per share reached USD 1.56 against USD 1.47 consensus. MarketBeat also reported 2026 adjusted earnings guidance of USD 7.80-7.90 per share. These figures provide the operating backdrop for the October 22 release.
Price position and valuation
The last Lang & Schwarz indication was EUR 118.40 on October 16, 2026 at 10:59 p.m. CEST. On the NYSE, CBRE was last at USD 133.08 on October 16, 2026 at 4:02 p.m. ET, down 1.78 percent from the prior close. The USD 121.69 to USD 174.27 52-week range places the stock 9.36 percent above its low and 23.63 percent below its high.
CBRE's market capitalization was USD 38.5 billion and its P/E ratio was 30.52 on October 16, 2026. Jones Lang LaSalle and CoStar offer useful operating-market comparisons, although their valuation multiples differ materially.
Comparison with peers
CBRE Group Inc.: minus 1.78 percent, P/E 30.52, market capitalization USD 38.5 billion
Jones Lang LaSalle (NYSE, USD): minus 1.70 percent, P/E 14.65, market capitalization USD 14.1 billion
CoStar Group (Nasdaq, USD): plus 0.97 percent, P/E 175.98, market capitalization USD 13.1 billion
Next result sets the test
The October 22 results will put the USD 7.80-7.90 adjusted earnings guidance and the second-quarter revenue growth rate into a new reporting period. The analyst target, the scheduled report and the current valuation are the key reference points.
CBRE Group stock was last at EUR 118.40 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST. On the NYSE, the stock was last at USD 133.08 on October 16, 2026 at 4:02 p.m. ET, down 1.78 percent from the prior close. The further course of trading is shown by the continuously updated real-time quote of CBRE Group stock.
CBRE Group market data
- Company: CBRE Group, Inc.
- ISIN: US12504L1098
- Ticker: CBRE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:59 p.m. CEST): EUR 118.40
- NYSE move versus prior close: minus 1.78 percent (October 16, 2026)
- Market capitalization: USD 38.5 billion (as of October 16, 2026)
- 52-week range: USD 121.69-174.27 (as of October 16, 2026)
- Sector / Industry: Real Estate / Commercial Real Estate Services
- Index membership: S&P 500
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
