CBRE - CBRE Group, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$180.50
DETAILS
HIGH:
$185.00
LOW:
$178.00
MEDIAN:
$179.50
CONSENSUS:
$180.50
UPSIDE:
37.71%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
75% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
17.7x
4.66$
Key Value Driver
Normalized P/E multiple (18x base case)
Implied Market Multiple
28.1x
Plain-Language Summary
Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $180.50 from 20 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $107.14 per share.
Warnings
Wall Street's average price target is $180.50 (from 20 analysts). Our estimate is 54% below the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples