Newmark Group (NMRK) Coverage Initiated at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods assumed coverage on shares of Newmark Group (NASDAQ:NMRK) in a research note issued to investors on Tuesday, January 9th, MarketBeat.com reports. The brokerage issued a market perform rating and a $17.00 price target on the stock.

Separately, Goldman Sachs Group started coverage on Newmark Group in a research note on Tuesday, January 9th. They issued a buy rating and a $24.00 target price for the company. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Buy and an average target price of $19.90.

Newmark Group (NASDAQ:NMRK) traded up $0.19 during midday trading on Tuesday, hitting $16.25. The stock had a trading volume of 695,841 shares, compared to its average volume of 547,711. Newmark Group has a one year low of $13.72 and a one 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.

Analyst Recommendations for Newmark Group (NASDAQ:NMRK)

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