Analysts Set Cushman & Wakefield PLC (CWK) Price Target at $20.25

Cushman & Wakefield PLC (NYSE:CWK) has been assigned an average recommendation of “Buy” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $20.25.

Several research analysts recently issued reports on the stock. JMP Securities assumed coverage on shares of Cushman & Wakefield in a research report on Monday, August 27th. They issued an “outperform” rating and a $20.50 price target for the company. JPMorgan Chase & Co. assumed coverage on shares of Cushman & Wakefield in a research report on Monday, August 27th. They issued an “overweight” rating and a $21.00 price target for the company. Goldman Sachs Group assumed coverage on shares of Cushman & Wakefield in a research report on Monday, August 27th. They issued a “buy” rating and a $20.00 price target for the company. Citigroup assumed coverage on shares of Cushman & Wakefield in a research report on Monday, August 27th. They issued a “neutral” rating and a $19.50 price target for the company. Finally, Barclays reissued a “buy” rating and issued a $19.00 price target on shares of Cushman & Wakefield in a research report on Wednesday, October 17th.

Shares of CWK opened at $18.15 on Wednesday. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.88. Cushman & Wakefield has a 52 week low of $15.14 and a 52 week high of $19.45.

Cushman & Wakefield (NYSE:CWK) last announced its quarterly earnings data on Tuesday, November 13th. The company reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.27. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.91 billion. As a group, sell-side analysts expect that Cushman & Wakefield will post -1.01 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the stock. Marshall Wace North America L.P. acquired a new position in Cushman & Wakefield in the third quarter worth about $1,908,000. Vanguard Group Inc. acquired a new position in Cushman & Wakefield in the third quarter worth about $59,054,000. Morgan Stanley acquired a new position in Cushman & Wakefield in the third quarter worth about $1,845,000. Legal & General Group Plc acquired a new position in Cushman & Wakefield in the third quarter worth about $2,110,000. Finally, Cohen & Steers Inc. acquired a new position in Cushman & Wakefield in the third quarter worth about $40,368,000. 26.19% of the stock is owned by hedge funds and other institutional investors.

About Cushman & Wakefield

Cushman & Wakefield plc provides commercial real estate services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It offers integrated facilities management, project and development, portfolio administration, transaction management, and strategic consulting services; property management services, including client accounting, engineering and operations, lease compliance administration, project and development, and sustainability services; and janitorial, maintenance, critical environment management, landscaping, and office services.

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Analyst Recommendations for Cushman & Wakefield (NYSE:CWK)

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