Cushman & Wakefield (NYSE:CWK) Upgraded at Wall Street Zen

Cushman & Wakefield (NYSE:CWK) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Several other analysts have also weighed in on CWK. Citigroup raised Cushman & Wakefield from a “neutral” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Thursday, November 20th. JMP Securities set a $19.00 price target on shares of Cushman & Wakefield in a research note on Monday, November 3rd. UBS Group boosted their price target on shares of Cushman & Wakefield from $12.00 to $17.00 and gave the company a “neutral” rating in a report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cushman & Wakefield in a report on Wednesday, October 8th. Finally, Citizens Jmp lifted their target price on shares of Cushman & Wakefield from $16.00 to $19.00 and gave the company a “market outperform” rating in a research report on Monday, November 3rd. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Cushman & Wakefield presently has a consensus rating of “Moderate Buy” and an average target price of $17.88.

Cushman & Wakefield Stock Down 2.0%

Shares of CWK opened at $15.87 on Friday. The company has a 50-day simple moving average of $15.93 and a 200-day simple moving average of $14.70. The firm has a market capitalization of $3.67 billion, a P/E ratio of 16.53 and a beta of 1.47. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.07 and a current ratio of 1.07. Cushman & Wakefield has a 52 week low of $7.64 and a 52 week high of $17.33.

Cushman & Wakefield (NYSE:CWK) last released its earnings results on Thursday, October 30th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. Cushman & Wakefield had a return on equity of 14.69% and a net margin of 2.23%.The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same period last year, the business earned $0.23 earnings per share. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. On average, equities research analysts expect that Cushman & Wakefield will post 1.2 earnings per share for the current year.

Institutional Investors Weigh In On Cushman & Wakefield

A number of hedge funds have recently made changes to their positions in CWK. Wealth Enhancement Advisory Services LLC lifted its holdings in Cushman & Wakefield by 5.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,461 shares of the company’s stock valued at $174,000 after purchasing an additional 600 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Cushman & Wakefield by 12.1% during the third quarter. Nisa Investment Advisors LLC now owns 6,201 shares of the company’s stock worth $99,000 after buying an additional 667 shares in the last quarter. Amalgamated Bank raised its stake in shares of Cushman & Wakefield by 1.2% in the third quarter. Amalgamated Bank now owns 66,655 shares of the company’s stock valued at $1,061,000 after acquiring an additional 821 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Cushman & Wakefield by 18.3% in the 3rd quarter. GAMMA Investing LLC now owns 5,612 shares of the company’s stock worth $89,000 after acquiring an additional 867 shares in the last quarter. Finally, Yousif Capital Management LLC grew its position in Cushman & Wakefield by 1.0% during the 2nd quarter. Yousif Capital Management LLC now owns 90,691 shares of the company’s stock worth $1,004,000 after acquiring an additional 934 shares during the last quarter. Institutional investors and hedge funds own 95.56% of the company’s stock.

Cushman & Wakefield Company Profile

Cushman & Wakefield is a leading global commercial real estate services firm headquartered in Chicago. The company provides a wide range of services to occupiers and investors, specializing in transaction management, property management, facilities management and project management. Its clientele spans corporate occupiers, landlords, investors and government entities seeking solutions to optimize their real estate portfolios and operations.

The firm’s core offerings include leasing advisory for office, industrial, retail and multifamily properties, as well as capital markets advice on acquisitions, dispositions and debt and equity placements.