Cushman & Wakefield PLC (NYSE:CWK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Cushman & Wakefield PLC (NYSE:CWK) have received an average rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $17.8750.

Several analysts have recently issued reports on CWK shares. Citigroup raised shares of Cushman & Wakefield from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Thursday, November 20th. UBS Group boosted their target price 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. Barclays started coverage on Cushman & Wakefield in a research report on Tuesday, December 2nd. They set an “equal weight” rating and a $18.00 target price on the stock. JMP Securities set a $19.00 price target on Cushman & Wakefield in a research report on Monday, November 3rd. Finally, Zacks Research lowered Cushman & Wakefield from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th.

Cushman & Wakefield Price Performance

Shares of NYSE CWK opened at $16.61 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.39. The stock has a fifty day simple moving average of $15.95 and a two-hundred day simple moving average of $14.94. Cushman & Wakefield has a 1-year low of $7.64 and a 1-year high of $17.33. The firm has a market cap of $3.85 billion, a price-to-earnings ratio of 17.30 and a beta of 1.47.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.29 EPS for the quarter, beating 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 firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the prior year, the firm earned $0.23 EPS. The business’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. Analysts anticipate that Cushman & Wakefield will post 1.2 earnings per share for the current year.

Hedge Funds Weigh In On Cushman & Wakefield

A number of large investors have recently modified their holdings of CWK. SG Americas Securities LLC increased its holdings in Cushman & Wakefield by 41.9% during the 4th quarter. SG Americas Securities LLC now owns 96,494 shares of the company’s stock worth $1,562,000 after acquiring an additional 28,514 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Cushman & Wakefield by 58.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,104 shares of the company’s stock valued at $302,000 after purchasing an additional 6,643 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Cushman & Wakefield by 112.8% during the 4th quarter. Park Avenue Securities LLC now owns 35,323 shares of the company’s stock valued at $572,000 after purchasing an additional 18,725 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Cushman & Wakefield in the third quarter worth $3,538,000. Finally, Swiss Life Asset Management Ltd purchased a new stake in shares of Cushman & Wakefield in the third quarter worth $162,000. 95.56% of the stock is currently owned by institutional investors.

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.