Analysts Set Cushman & Wakefield plc (NYSE:CWK) PT at $13.50

Shares of Cushman & Wakefield plc (NYSE:CWK - Get Free Report) have received an average recommendation of "Hold" from the six analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $12.75.

CWK has been the topic of a number of research analyst reports. The Goldman Sachs Group reduced their price target on shares of Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating on the stock in a research note on Wednesday, March 19th. Citigroup decreased their price target on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating for the company in a report on Monday, March 17th. JPMorgan Chase & Co. cut their target price on Cushman & Wakefield from $17.00 to $14.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Jefferies Financial Group cut shares of Cushman & Wakefield from a "buy" rating to a "hold" rating and reduced their price objective for the company from $18.00 to $14.00 in a research note on Thursday, January 2nd. Finally, UBS Group lowered their target price on Cushman & Wakefield from $14.00 to $9.00 and set a "neutral" rating on the stock in a report on Friday.

Cushman & Wakefield Price Performance

CWK stock traded down $0.05 during trading on Friday, hitting $8.23. The stock had a trading volume of 3,057,536 shares, compared to its average volume of 2,078,184. The stock has a market capitalization of $1.89 billion, a P/E ratio of 14.95 and a beta of 1.26. The company's 50-day moving average price is $10.94 and its two-hundred day moving average price is $12.71. Cushman & Wakefield has a twelve month low of $7.64 and a twelve month high of $16.11. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.15 and a quick ratio of 1.18.

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Cushman & Wakefield (NYSE:CWK - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $2.63 billion for the quarter, compared to analysts' expectations of $2.67 billion. Cushman & Wakefield had a net margin of 1.39% and a return on equity of 12.62%. As a group, research analysts predict that Cushman & Wakefield will post 1.2 EPS for the current fiscal year.

Institutional Trading of Cushman & Wakefield

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of Cushman & Wakefield by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 13,700,599 shares of the company's stock worth $179,204,000 after purchasing an additional 806,684 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its position in Cushman & Wakefield by 9.6% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 12,474,380 shares of the company's stock worth $163,164,000 after purchasing an additional 1,094,260 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Cushman & Wakefield by 6.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,586,407 shares of the company's stock valued at $151,551,000 after acquiring an additional 736,955 shares in the last quarter. State Street Corp boosted its position in shares of Cushman & Wakefield by 9.8% in the third quarter. State Street Corp now owns 8,463,595 shares of the company's stock worth $115,359,000 after buying an additional 756,966 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Cushman & Wakefield by 7.5% during the third quarter. Geode Capital Management LLC now owns 5,696,370 shares of the company's stock valued at $77,656,000 after purchasing an additional 395,652 shares during the period. Institutional investors and hedge funds own 95.56% of the company's stock.

Cushman & Wakefield Company Profile

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.