CBRE Group Reaches New 52-Week High (CBG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- CBRE Group (NYSE: CBG) hit a new 52-week high Thursday as it is currently trading at $25.54, above its previous 52-week high of $25.51 with 18,687 shares traded as of 9:31 a.m. ET. Average volume has been 2.9 million shares over the past 30 days.

CBRE Group has a market cap of $8.28 billion and is part of the financial sector and real estate industry. Shares are up 28.2% year to date as of the close of trading on Wednesday.

CBRE Group, Inc. operates as a commercial real estate services and investment company. The company's segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management; and Development Services. The company has a P/E ratio of 26.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CBRE Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full CBRE Group Ratings Report.

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