Cushman & Wakefield (NYSE:CWK)‘s stock had its “buy” rating reaffirmed by research analysts at Barclays in a research report issued on Wednesday. They presently have a $19.00 price target on the stock. Barclays’ price target indicates a potential upside of 18.45% from the stock’s previous close.
A number of other analysts have also recently commented on the company. UBS Group assumed coverage on Cushman & Wakefield in a research report on Friday, August 31st. They set a “buy” rating on the stock. Credit Suisse Group assumed coverage on Cushman & Wakefield in a research report on Monday, August 27th. They set an “outperform” rating and a $21.00 target price on the stock. Citigroup assumed coverage on Cushman & Wakefield in a research report on Monday, August 27th. They set a “neutral” rating and a $19.50 target price on the stock. Morgan Stanley assumed coverage on Cushman & Wakefield in a research report on Monday, August 27th. They set an “overweight” rating and a $21.00 target price on the stock. Finally, JMP Securities assumed coverage on Cushman & Wakefield in a report on Monday, August 27th. They set an “outperform” rating and a $20.50 price target on the stock. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $20.25.
CWK opened at $16.04 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 6.81. Cushman & Wakefield has a one year low of $15.14 and a one year high of $19.45.
Cushman & Wakefield (NYSE:CWK) last posted its earnings results on Wednesday, September 5th. The company reported $0.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.46. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.97 billion. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. As a group, research analysts expect that Cushman & Wakefield will post 1.37 earnings per share for the current year.
An institutional investor recently bought a new position in Cushman & Wakefield stock. State of New Jersey Common Pension Fund D purchased a new position in shares of Cushman & Wakefield PLC (NYSE:CWK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 102,250 shares of the company’s stock, valued at approximately $1,737,000.
Cushman & Wakefield Company Profile
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.
Further Reading: Why is the conference call important?
Receive News & Ratings for Cushman & Wakefield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushman & Wakefield and related companies with MarketBeat.com's FREE daily email newsletter.