Cushman & Wakefield plc (NYSE:CWK – Get Rating) has earned a consensus recommendation of “Buy” from the ten analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $23.00.
CWK has been the topic of a number of recent analyst reports. Citigroup decreased their price target on Cushman & Wakefield from $23.00 to $21.00 in a research report on Thursday, April 21st. Morgan Stanley decreased their target price on Cushman & Wakefield from $23.00 to $22.50 and set an “overweight” rating on the stock in a research report on Thursday, May 19th. Raymond James decreased their target price on Cushman & Wakefield from $38.00 to $32.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, April 26th. The Goldman Sachs Group started coverage on Cushman & Wakefield in a research report on Tuesday, April 5th. They issued a “buy” rating and a $25.00 target price on the stock. Finally, Zacks Investment Research raised Cushman & Wakefield from a “hold” rating to a “strong-buy” rating and set a $20.00 price target on the stock in a research note on Tuesday, May 10th.
In other Cushman & Wakefield news, President Andrew R. Mcdonald sold 13,478 shares of Cushman & Wakefield stock in a transaction that occurred on Wednesday, March 2nd. The stock was sold at an average price of $21.63, for a total value of $291,529.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Andrew R. Mcdonald sold 2,061 shares of Cushman & Wakefield stock in a transaction that occurred on Tuesday, March 29th. The stock was sold at an average price of $21.00, for a total value of $43,281.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 160,955 shares of company stock valued at $3,330,380. 1.27% of the stock is currently owned by corporate insiders.
CWK stock opened at $17.97 on Tuesday. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 0.73 and a beta of 1.37. The business’s fifty day moving average price is $19.00 and its two-hundred day moving average price is $20.13. Cushman & Wakefield has a fifty-two week low of $15.97 and a fifty-two week high of $23.54.
Cushman & Wakefield (NYSE:CWK – Get Rating) last posted its quarterly earnings data on Thursday, May 5th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.25. The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Cushman & Wakefield had a return on equity of 27.90% and a net margin of 3.19%. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.08) EPS. Research analysts expect that Cushman & Wakefield will post 2.49 EPS for the current year.
Cushman & Wakefield Company Profile (Get Rating)
Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East, and Africa; and Asia Pacific segments.
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