Agreed. Lehman loved the financials on the conf. call and will start as a buy soon, my guess with a target of around $30. CBRE has a diversified service platform and continues to effectively penetrate global markets across the board, with increasing market share. Its going nowhere but up IMO, and this is a great price.
$30???? What time frame? With the recession in the US and EC? This is the part of the cycle when businesses contract and/or fail. Who is going to lease or buy? Agreed CBRE is probably best of breed. However, the laws of physics still apply... I see this stock staying put or down for a whil.