Cushman & Wakefield (NYSE:CWK) had its target price raised by JPMorgan Chase & Co. from $22.00 to $24.00 in a research note released on Thursday, BenzingaRatingsTable reports. The brokerage currently has an overweight rating on the stock.

A number of other analysts have also recently commented on the company. ValuEngine upgraded Cushman & Wakefield from a hold rating to a buy rating in a research report on Tuesday, August 6th. Zacks Investment Research lowered Cushman & Wakefield from a hold rating to a sell rating in a research note on Thursday, August 8th. Finally, Compass Point initiated coverage on Cushman & Wakefield in a research note on Wednesday, July 10th. They issued a neutral rating on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of $20.50.

Shares of CWK stock traded down $0.09 during trading hours on Thursday, hitting $18.95. The stock had a trading volume of 8,989 shares, compared to its average volume of 406,835. The company has a debt-to-equity ratio of 2.42, a current ratio of 1.16 and a quick ratio of 1.16. The stock’s 50 day moving average is $17.76 and its 200 day moving average is $18.12. Cushman & Wakefield has a twelve month low of $13.25 and a twelve month high of $20.62. The firm has a market capitalization of $4.17 billion and a PE ratio of -17.43.

Cushman & Wakefield (NYSE:CWK) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.39 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.39. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.14 billion. Cushman & Wakefield had a positive return on equity of 4.21% and a negative net margin of 0.96%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. As a group, equities analysts predict that Cushman & Wakefield will post 0.62 earnings per share for the current year.

In related news, insider W Brett White sold 44,675 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $18.00, for a total transaction of $804,150.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.85% of the company’s stock.

Several large investors have recently made changes to their positions in CWK. Royal Bank of Canada increased its holdings in Cushman & Wakefield by 27.6% during the 2nd quarter. Royal Bank of Canada now owns 2,900 shares of the company’s stock worth $52,000 after purchasing an additional 627 shares during the last quarter. First Trust Advisors LP increased its holdings in Cushman & Wakefield by 0.6% during the 1st quarter. First Trust Advisors LP now owns 181,534 shares of the company’s stock worth $3,231,000 after purchasing an additional 1,129 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Cushman & Wakefield by 39.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,449 shares of the company’s stock worth $80,000 after purchasing an additional 1,264 shares during the last quarter. WINTON GROUP Ltd increased its holdings in Cushman & Wakefield by 22.0% during the 2nd quarter. WINTON GROUP Ltd now owns 16,117 shares of the company’s stock worth $288,000 after purchasing an additional 2,906 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in Cushman & Wakefield by 5.3% during the 1st quarter. Rhumbline Advisers now owns 63,515 shares of the company’s stock worth $1,131,000 after purchasing an additional 3,190 shares during the last quarter. Institutional investors and hedge funds own 44.70% of the company’s stock.

About Cushman & Wakefield

Cushman & Wakefield plc provides commercial real estate services under the Cushman & Wakefield brand 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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