Cushman & Wakefield (NYSE:CWK) Research Coverage Started at Barclays

Barclays assumed coverage on shares of Cushman & Wakefield (NYSE:CWK) in a research report report published on Tuesday morning, MarketBeat.com reports. The firm issued an equal weight rating and a $18.00 target price on the stock.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cushman & Wakefield in a report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on Cushman & Wakefield from $13.00 to $20.00 and gave the company a “neutral” rating in a research note on Tuesday, August 26th. JMP Securities set a $19.00 price target on Cushman & Wakefield in a report on Monday, November 3rd. Citizens Jmp increased their price target on Cushman & Wakefield from $16.00 to $19.00 and gave the stock a “market outperform” rating in a research report on Monday, November 3rd. Finally, Wall Street Zen upgraded Cushman & Wakefield from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 22nd. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $17.44.

Cushman & Wakefield Stock Down 2.2%

Shares of CWK stock opened at $15.97 on Tuesday. Cushman & Wakefield has a twelve month low of $7.64 and a twelve month high of $17.33. The stock has a market cap of $3.70 billion, a P/E ratio of 16.63 and a beta of 1.46. The stock has a 50 day moving average of $15.88 and a 200 day moving average of $13.87. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.39.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. Cushman & Wakefield had a net margin of 2.23% and a return on equity of 14.69%. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter last year, the company earned $0.23 EPS. The business’s revenue was up 11.2% on a year-over-year basis. Cushman & Wakefield has set its FY 2025 guidance at 1.180-1.230 EPS. As a group, sell-side analysts expect that Cushman & Wakefield will post 1.2 EPS for the current year.

Institutional Trading of Cushman & Wakefield

Several large investors have recently bought and sold shares of CWK. Swiss Life Asset Management Ltd purchased a new stake in shares of Cushman & Wakefield in the third quarter valued at approximately $162,000. CIBC Bancorp USA Inc. acquired a new position in Cushman & Wakefield during the third quarter worth $393,000. Danske Bank A S purchased a new stake in Cushman & Wakefield in the 3rd quarter valued at $1,374,000. Hancock Whitney Corp acquired a new stake in shares of Cushman & Wakefield in the 3rd quarter worth $246,000. Finally, PharVision Advisers LLC purchased a new position in shares of Cushman & Wakefield during the 3rd quarter worth $202,000. Hedge funds and other institutional investors own 95.56% of the company’s stock.

About Cushman & Wakefield

Cushman & Wakefield Plc engages in the provision of commercial real estate services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). The Americas segment consists of operations located in the United States, Canada and key markets in Latin America.