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MBL Wealth LLC Purchases New Stake in CBRE Group , Inc . $CBRE

MBL Wealth LLC took a new position in CBRE Group, Inc. in the third quarter, acquiring 4,645 shares valued at about $597,000. Recent analyst views vary: Goldman Sachs raised its price target from $188.00 to $190.00, JPMorgan Chase cut its target from $190.00 to $186.00, and Keefe, Bruyette & Woods lowered its target from $174.00 to $164.00. Nine analysts rate the stock Buy and one rates it Hold, with an average price target of $185.44. CFO Emma Giamartino sold 2,250 shares at $148.29, a total of $333,652.50, and insiders sold 5,144 shares worth $767,363 over the last three months. On Friday, CBRE shares fell $8.10, or 6.2%, to $123.14 on volume of 4,564,671 shares, compared with an average of 2,427,800, within a 12-month range of $121.69 to $174.27.

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