Somewhat Positive News Coverage Somewhat Unlikely to Impact Newmark Group (NMRK) Stock Price

Headlines about Newmark Group (NASDAQ:NMRK) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Newmark Group earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 48.4255544977158 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s analysis:

Newmark Group (NASDAQ:NMRK) opened at $15.54 on Thursday. The stock has a market capitalization of $2,340.00 and a PE ratio of 13.28. Newmark Group has a 52 week low of $13.72 and a 52 week high of $16.74.

A number of brokerages recently commented on NMRK. Wedbush began coverage on Newmark Group in a report on Tuesday. They set an “outperform” rating and a $20.00 target price for the company. Keefe, Bruyette & Woods began coverage on Newmark Group in a research note on Tuesday. They issued a “market perform” rating and a $17.00 price objective for the company. Goldman Sachs Group began coverage on Newmark Group in a research note on Tuesday. They issued a “buy” rating and a $24.00 price objective for the company. Bank of America began coverage on Newmark Group in a research note on Tuesday. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Sandler O’Neill began coverage on Newmark Group in a research note on Tuesday. They issued a “buy” rating and a $18.50 price objective for the company. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Newmark Group presently has an average rating of “Buy” and an average target price of $19.90.

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Newmark Group Company Profile

Newmark Group, Inc is a commercial real estate services company. The Company is focused on offering products and services to both owners and occupiers across the entire commercial real estate industry. Its investor/owner services and products include capital markets, which consists of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, diligence and underwriting and government-sponsored enterprise lending and loan servicing.

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