Free Trial

Cushman & Wakefield plc (NYSE:CWK) Receives $12.93 Average Price Target from Brokerages

Cushman & Wakefield logo with Finance background

Shares of Cushman & Wakefield plc (NYSE:CWK - Get Free Report) have been assigned an average recommendation of "Hold" from the seven analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $12.93.

CWK has been the subject of a number of recent research reports. Morgan Stanley lowered their price objective on Cushman & Wakefield from $15.00 to $14.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. JPMorgan Chase & Co. reduced their target price on Cushman & Wakefield from $17.00 to $14.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. The Goldman Sachs Group reduced their price target on shares of Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a research note on Wednesday, March 19th. UBS Group lowered their price objective on shares of Cushman & Wakefield from $14.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, Citigroup reduced their price objective on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a research report on Monday, March 17th.

View Our Latest Stock Report on Cushman & Wakefield

Cushman & Wakefield Trading Down 0.1 %

NYSE:CWK traded down $0.01 during midday trading on Tuesday, reaching $10.23. 1,910,928 shares of the stock traded hands, compared to its average volume of 2,149,551. The company has a fifty day moving average of $9.66 and a 200 day moving average of $12.21. Cushman & Wakefield has a 12 month low of $7.64 and a 12 month high of $16.11. The stock has a market capitalization of $2.37 billion, a P/E ratio of 18.60 and a beta of 1.37. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.15.

Cushman & Wakefield (NYSE:CWK - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.07. Cushman & Wakefield had a return on equity of 12.62% and a net margin of 1.39%. The business had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $2.26 billion. Cushman & Wakefield's revenue was up 4.6% on a year-over-year basis. On average, research analysts predict that Cushman & Wakefield will post 1.2 EPS for the current year.

Hedge Funds Weigh In On Cushman & Wakefield

A number of hedge funds have recently made changes to their positions in the business. Deutsche Bank AG increased its holdings in Cushman & Wakefield by 807.1% in the 1st quarter. Deutsche Bank AG now owns 1,870,044 shares of the company's stock valued at $19,112,000 after acquiring an additional 1,663,880 shares during the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Cushman & Wakefield in the first quarter worth approximately $338,000. XTX Topco Ltd lifted its position in shares of Cushman & Wakefield by 351.9% during the first quarter. XTX Topco Ltd now owns 70,785 shares of the company's stock worth $723,000 after purchasing an additional 55,121 shares during the last quarter. Federated Hermes Inc. boosted its position in Cushman & Wakefield by 1.6% in the 1st quarter. Federated Hermes Inc. now owns 393,549 shares of the company's stock valued at $4,022,000 after buying an additional 6,256 shares during the period. Finally, Knights of Columbus Asset Advisors LLC grew its stake in Cushman & Wakefield by 2.7% in the first quarter. Knights of Columbus Asset Advisors LLC now owns 78,751 shares of the company's stock worth $805,000 after purchasing an additional 2,070 shares in the last quarter. Institutional investors own 95.56% of the company's stock.

About Cushman & Wakefield

(Get Free Report

Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America.

Featured Articles

Analyst Recommendations for Cushman & Wakefield (NYSE:CWK)

Should You Invest $1,000 in Cushman & Wakefield Right Now?

Before you consider Cushman & Wakefield, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cushman & Wakefield wasn't on the list.

While Cushman & Wakefield currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines