CBG Crosses Above Average Analyst Target
February 15, 2017 at 09:49 AM EST
In recent trading, shares of CBRE Group Inc (CBG) have crossed above the average analyst 12-month target price of $35.00, changing hands for $35.13/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..