William Blair analyst Stephen Sheldon has reiterated their bullish stance on CWK stock, giving a Buy rating on July 22.
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Stephen Sheldon has given his Buy rating due to a combination of factors that highlight Cushman & Wakefield’s strong financial performance and promising future outlook. The company reported impressive second-quarter results, with significant growth in services, leasing, and capital markets. These sectors saw year-over-year increases of 3%, 8%, and 27% respectively, contributing to a total fee revenue of $1.7 billion, which exceeded both the firm’s and consensus estimates.
Moreover, Cushman & Wakefield’s management has provided optimistic guidance for 2025, projecting substantial growth in leasing, services, and capital markets revenues. The expected adjusted EPS growth of 25%-35% for 2025, driven by top-line strength and strategic investments, further supports the positive outlook. This guidance, combined with the company’s operational discipline and belief in a multiyear growth cycle for commercial real estate markets, underpins Sheldon’s confidence in the stock’s potential, justifying the Buy rating.
In another report released on July 22, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $13.00 price target.