Keefe, Bruyette & Woods assumed coverage on shares of Newmark Group (NASDAQ:NMRK) in a research note published on Tuesday morning, MarketBeat Ratings reports. The firm issued a market perform rating and a $17.00 target price on the stock.
Separately, Goldman Sachs Group started coverage on Newmark Group in a report on Tuesday. They issued a buy rating and a $24.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Newmark Group currently has an average rating of Buy and an average target price of $19.90.
Newmark Group (NMRK) traded down $0.10 on Tuesday, hitting $15.87. The stock had a trading volume of 975,339 shares, compared to its average volume of 1,139,146. Newmark Group has a 1 year low of $13.72 and a 1 year high of $16.74.
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About Newmark Group
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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