Cushman & Wakefield (CWK) Stock Rating Reaffirmed by Barclays

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Barclays reaffirmed their buy rating on shares of Cushman & Wakefield (NYSE:CWK) in a research report sent to investors on Wednesday. Barclays currently has a $19.00 price target on the stock.

A number of other equities analysts have also recently issued reports on CWK. Citigroup assumed coverage on Cushman & Wakefield in a report on Monday, August 27th. They issued a neutral rating and a $19.50 target price on the stock. Morgan Stanley assumed coverage on Cushman & Wakefield in a report on Monday, August 27th. They issued an overweight rating and a $21.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on Cushman & Wakefield in a report on Monday, August 27th. They issued an overweight rating and a $21.00 target price on the stock. William Blair assumed coverage on Cushman & Wakefield in a report on Monday, August 27th. They issued an outperform rating on the stock. Finally, Goldman Sachs Group assumed coverage on Cushman & Wakefield in a report on Monday, August 27th. They issued a buy rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $20.25.

Shares of CWK opened at $15.99 on Wednesday. Cushman & Wakefield has a 12-month low of $15.14 and a 12-month high of $19.45. The company has a debt-to-equity ratio of 6.81, a current ratio of 1.11 and a quick ratio of 1.11.

Cushman & Wakefield (NYSE:CWK) last issued its earnings results on Wednesday, September 5th. The company reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.97 billion. The company’s quarterly revenue was up 16.0% on a year-over-year basis. On average, research analysts anticipate that Cushman & Wakefield will post 1.37 earnings per share for the current year.

A hedge fund recently bought a new stake in Cushman & Wakefield stock. State of New Jersey Common Pension Fund D acquired a new stake in shares of Cushman & Wakefield PLC (NYSE:CWK) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 102,250 shares of the company’s stock, valued at approximately $1,737,000.

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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