Fintel reports that on October 4, 2023, Raymond James maintained coverage of Cushman & Wakefield (NYSE:CWK) with a Strong Buy recommendation.
Analyst Price Forecast Suggests 78.95% Upside
As of August 31, 2023, the average one-year price target for Cushman & Wakefield is 12.24. The forecasts range from a low of 10.10 to a high of $18.90. The average price target represents an increase of 78.95% from its latest reported closing price of 6.84.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Cushman & Wakefield is 7,460MM, a decrease of 24.01%. The projected annual non-GAAP EPS is 1.94.
What is the Fund Sentiment?
There are 478 funds or institutions reporting positions in Cushman & Wakefield. This is a decrease of 37 owner(s) or 7.18% in the last quarter. Average portfolio weight of all funds dedicated to CWK is 0.14%, a decrease of 22.23%. Total shares owned by institutions decreased in the last three months by 4.28% to 239,243K shares. 
The put/call ratio of CWK is 7.73, indicating a bearish outlook.
What are Other Shareholders Doing?
Tpg Gp A holds 34,833K shares representing 15.33% ownership of the company. No change in the last quarter.
Ontario Teachers Pension Plan Board holds 10,464K shares representing 4.61% ownership of the company. No change in the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 9,581K shares representing 4.22% ownership of the company. In it's prior filing, the firm reported owning 8,982K shares, representing an increase of 6.26%. The firm decreased its portfolio allocation in CWK by 19.82% over the last quarter.
Jpmorgan Chase holds 9,346K shares representing 4.11% ownership of the company. In it's prior filing, the firm reported owning 8,969K shares, representing an increase of 4.03%. The firm increased its portfolio allocation in CWK by 474.50% over the last quarter.
Thrivent Financial For Lutherans holds 7,076K shares representing 3.12% ownership of the company. In it's prior filing, the firm reported owning 7,050K shares, representing an increase of 0.38%. The firm increased its portfolio allocation in CWK by 67.56% over the last quarter.
Cushman & Wakefield Background Information
(This description is provided by the company.)
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.
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