FMP
Apr 2, 2024 12:40 PM - Davit Kirakosyan
Evercore ISI analysts adjusted their price target for CBRE Group (NYSE:CBRE) to $104, up from $103, while maintaining an In Line rating. The analysts noted that ahead of CBRE's first-quarter earnings, expected towards the end of April, minor adjustments in revenue and margin forecasts have nudged the 2024 and 2025 core EPS estimates upward by about 1.5%. The price target increase reflects these changes.
While acknowledging CBRE's robust financial position and leading market share, the analysts remain cautious about the precise timing for a significant rebound in sales activity. The recommendation is to wait for a more opportune time to invest in CBRE, either in the coming months or once there's greater clarity on the interest rate landscape.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...