1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6199) 

Baron Funds Comments on CBRE Group Inc.

May 24, 2012 | About:

From Baron Funds' first quarter letter: CBRE Group, Inc. ("CB Richard Ellis") (NYSE:CBG), the global leading commercial real estate firm, has continued to benefit from a rebound in its leasing, investment sales, property management, and investment management businesses. We believe, with the recovery in the commercial real estate market, the company may double its earnings in the next four to five years. Management has set 2012 earnings guidance of at least $1.20 per share, which we believe could grow to $2.40 per share by 2016. Applying a 15 times multiple to $2.40 per share in earnings would result in approximately 100% upside from today's share price.


Rating: 3.2/5 (5 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


Thomas W. Eaton, Sr.Tom - 8-26-16
rael2222Credit Services
rael2222Insurance - Specialty
DBrizanALL GURUS 1+
rael2222Health Care Plans
rael2222Insurance - Property & Casualt
rael2222Insurance - Diversified
rael2222Insurance - Life
rael2222Staffing & Outsourcing Service
wwv1212Cheap on OCF
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK