cb richard ellis group

According to Keefe, Bruyette Woods, CB Richard Ellis Group (NYSE: CBG) reported 1Q operating EPS of $0.13. Keefe, Bruyette Woods said that while revenues missed consensus, we view the growth story as on track as revenues increased 15.5% to $1.2 billion in the seasonally slow 1Q, closely matching...

Goldman Sachs has raised the Price Targets for CB Richard Ellis Group (NYSE: CBG) and Jones Lang LaSalle Incorporated (NYSE: JLL). Both companies' ratings have remained neutral. According to Goldman Sachs "We increase our 12-month target prices to $28 for CBG and $108 for JLL from $25 and $100,...

KBW is out with its report today on CB Richard Ellis (NYSE: CBG), raising its price target from $24 to $26. In a note to clients, KBW writes, "Event--On March 7, CBG announced that it has raised $800 million in debt to finance the acquisition of ING Real Estate Investment Management. The all-in...

JP Morgan has changed the price targets on the following REITs: Acadia Realty Trust (NYSE: AKR) 18.09 Neutral $17.00 to $18.00 AMB Property Corporation (NYSE: AMB) $32.46 Neutral $30.00 to $26.00 Boston Properties (NYSE: BXP) $86.46 Overweight $110.00 to $91.00 CB Richard Ellis Group, Inc. (NYSE:...

CB Richard Ellis Group, Inc. (NYSE: CBG) continues to have good success in its outsourcing business. J.P. Morgan reports. “The company noted that the outsourcing model continues to gain acceptance among various companies, particularly in light of the cost savings that CBG pointed to – management...

JP Morgan has published a research report on CB Richard Ellis Group (NYSE: CBG) following 3Q results that showed strong sales transaction revenues. In the report, JP Morgan writes "We think expectations for the stock moved higher in recent weeks as anecdotal evidence suggested margin improvement...