Cushman & Wakefield plc (NYSE:CWK) Receives $14.40 Consensus Target Price from Brokerages

Shares of Cushman & Wakefield plc (NYSE:CWK - Get Free Report) have earned a consensus rating of "Hold" from the six brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $14.10.

Several equities analysts have weighed in on CWK shares. Citigroup dropped their price objective on Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating on the stock in a research note on Monday. JPMorgan Chase & Co. raised their price objective on Cushman & Wakefield from $14.00 to $17.00 and gave the company a "neutral" rating in a research note on Monday, December 16th. Jefferies Financial Group cut Cushman & Wakefield from a "buy" rating to a "hold" rating and dropped their price objective for the company from $18.00 to $14.00 in a research note on Thursday, January 2nd. Finally, The Goldman Sachs Group decreased their target price on Cushman & Wakefield from $13.00 to $11.50 and set a "sell" rating for the company in a research report on Wednesday.

Cushman & Wakefield Trading Down 1.2 %

Shares of Cushman & Wakefield stock traded down $0.13 on Monday, reaching $10.45. 716,760 shares of the company's stock were exchanged, compared to its average volume of 1,933,888. The company has a market capitalization of $2.40 billion, a P/E ratio of 19.01 and a beta of 1.40. Cushman & Wakefield has a 52 week low of $9.24 and a 52 week high of $16.11. The firm's 50-day moving average is $12.40 and its two-hundred day moving average is $13.21. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.15.

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

Institutional Investors Weigh In On Cushman & Wakefield

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in Cushman & Wakefield by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 13,700,599 shares of the company's stock worth $179,204,000 after acquiring an additional 806,684 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in shares of 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 valued at $163,164,000 after acquiring an additional 1,094,260 shares during the last quarter. Dimensional Fund Advisors LP boosted its position 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 during the last quarter. State Street Corp lifted its position in Cushman & Wakefield by 9.8% in the 3rd 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 last quarter. Finally, Geode Capital Management LLC lifted its position in Cushman & Wakefield by 7.5% in the 3rd quarter. Geode Capital Management LLC now owns 5,696,370 shares of the company's stock worth $77,656,000 after buying an additional 395,652 shares during the last quarter. 95.56% of the stock is owned by hedge funds and other institutional investors.

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.