Shares of Cushman & Wakefield PLC (NYSE:CWK) have been given an average recommendation of “Buy” by the eleven brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $20.00.

CWK has been the topic of a number of analyst reports. Goldman Sachs Group initiated coverage on shares of Cushman & Wakefield in a research note on Monday, August 27th. They set a “buy” rating and a $20.00 target price on the stock. UBS Group initiated coverage on shares of Cushman & Wakefield in a research note on Friday, August 31st. They set a “buy” rating on the stock. Credit Suisse Group initiated coverage on shares of Cushman & Wakefield in a research note on Monday, August 27th. They set an “outperform” rating and a $21.00 target price on the stock. Bank of America initiated coverage on shares of Cushman & Wakefield in a research note on Monday, August 27th. They set a “buy” rating and a $20.00 target price on the stock. Finally, JMP Securities initiated coverage on shares of Cushman & Wakefield in a research note on Monday, August 27th. They set an “outperform” rating and a $20.50 target price on the stock.

Shares of CWK traded down $0.36 during trading hours on Friday, reaching $18.29. 834,950 shares of the stock traded hands, compared to its average volume of 878,282. The company has a debt-to-equity ratio of 6.81, a quick ratio of 1.11 and a current ratio of 1.11. Cushman & Wakefield has a 52-week low of $15.14 and a 52-week high of $19.45.

Cushman & Wakefield (NYSE:CWK) last released its earnings results on Tuesday, November 13th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.27. The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Equities analysts forecast that Cushman & Wakefield will post 1.37 earnings per share for the current fiscal year.

Hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC purchased a new stake in Cushman & Wakefield in the 3rd quarter worth $170,000. Strs Ohio purchased a new stake in Cushman & Wakefield in the 3rd quarter worth $220,000. Verition Fund Management LLC purchased a new stake in Cushman & Wakefield in the 3rd quarter worth $310,000. Hsbc Holdings PLC purchased a new stake in Cushman & Wakefield in the 3rd quarter worth $436,000. Finally, American International Group Inc. purchased a new stake in Cushman & Wakefield in the 3rd quarter worth $512,000. Institutional investors and hedge funds own 0.78% of the company’s stock.

About Cushman & Wakefield

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.

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Analyst Recommendations for Cushman & Wakefield (NYSE:CWK)

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