CBRE Group Inc Sets New 1-Year High at $27.09 (CBG)
CBRE Group (NYSE:CBG) set a new 52-week high during mid-day trading on Wednesday, ARN reports. The stock traded as high as $27.09 and last traded at $26.88, with a volume of 2,103,667 shares. The stock had previously closed at $26.65.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of CBRE Group in a research note to investors on Wednesday, November 20th. They now have a $24.00 price target on the stock.
CBRE Group has a 52 week low of $20.59 and a 52 week high of $26.76. The stock has a 50-day moving average of $25.97 and a 200-day moving average of $23.84. The company has a market cap of $8.825 billion and a P/E ratio of 23.58.
CBRE Group, Inc, formerly CB Richard Ellis Group, Inc is a holding company that conducts all of its operations through its indirect subsidiaries.
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