J.P. Morgan cuts CBRE Group's PT on slower growth

J.P. Morgan cuts price target on real estate services firm CBRE Group CBRE.N to $182 from $196; reiterates "overweight" rating

New PT still represents a 34.4% upside to stock's last close

Brokerage cut its adjusted 2026–27 EBITDA estimates by about 3% each, citing less margin expansion and slightly weaker investment management income

Says it still sees stock as a "blue‑chip" name in the services space, citing company’s significant platform; adds that CBRE’s push into digital infrastructure and project management should deliver high growth in coming years

Median PT of 14 brokerages covering the stock is $180 - data compiled by LSEG

Shares up marginally premarket

As of last close, CBRE down 15.8% YTD