Cushman & Wakefield plc (NYSE:CWK) Given Average Rating of "Hold" by Brokerages

Shares of Cushman & Wakefield plc (NYSE:CWK - Get Free Report) have received an average recommendation of "Hold" from the six research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $14.10.

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group decreased 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. JPMorgan Chase & Co. raised their price target on shares of Cushman & Wakefield from $14.00 to $17.00 and gave the company a "neutral" rating in a research note on Monday, December 16th. Citigroup decreased their price target on shares of Cushman & Wakefield from $16.00 to $12.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Finally, Jefferies Financial Group lowered shares of Cushman & Wakefield from a "buy" rating to a "hold" rating and decreased their target price for the stock from $18.00 to $14.00 in a research note on Thursday, January 2nd.

Cushman & Wakefield Price Performance

Shares of CWK stock traded down $0.16 during mid-day trading on Monday, hitting $10.42. 3,997,174 shares of the stock were exchanged, compared to its average volume of 1,945,801. The firm has a fifty day moving average of $12.37 and a 200 day moving average of $13.19. The company has a quick ratio of 1.18, a current ratio of 1.15 and a debt-to-equity ratio of 1.67. Cushman & Wakefield has a 52-week low of $9.24 and a 52-week high of $16.11. The company has a market cap of $2.39 billion, a PE ratio of 18.94 and a beta of 1.40.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC increased its holdings in shares of Cushman & Wakefield by 264.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,709 shares of the company's stock worth $48,000 after buying an additional 2,691 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Cushman & Wakefield by 26.5% during the 4th quarter. Blue Trust Inc. now owns 4,429 shares of the company's stock worth $60,000 after buying an additional 928 shares during the last quarter. Sterling Capital Management LLC increased its holdings in shares of Cushman & Wakefield by 820.3% during the 4th quarter. Sterling Capital Management LLC now owns 7,215 shares of the company's stock worth $94,000 after buying an additional 6,431 shares during the last quarter. KBC Group NV increased its holdings in shares of Cushman & Wakefield by 31.7% during the 3rd quarter. KBC Group NV now owns 7,961 shares of the company's stock worth $109,000 after buying an additional 1,915 shares during the last quarter. Finally, Ieq Capital LLC acquired a new stake in shares of Cushman & Wakefield during the 4th quarter worth approximately $135,000. 95.56% of the stock is owned by hedge funds and other institutional investors.

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.