Newmark Group (NMRK) Now Covered by Bank of America

Bank of America began coverage on shares of Newmark Group (NASDAQ:NMRK) in a research report report published on Tuesday. The firm issued a buy rating and a $20.00 target price on the stock.

NMRK has been the topic of a number of other research reports. Goldman Sachs Group assumed coverage on Newmark Group in a report on Tuesday. They set a buy rating and a $24.00 target price on the stock. Keefe, Bruyette & Woods assumed coverage on Newmark Group in a report on Tuesday. They set a market perform rating and a $17.00 target price on the stock. Finally, Wedbush assumed coverage on Newmark Group in a report on Tuesday. They set an outperform rating and a $20.00 target price on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $19.90.

Shares of Newmark Group (NASDAQ:NMRK) traded down $0.10 during trading hours on Tuesday, reaching $15.87. The company’s stock had a trading volume of 975,339 shares, compared to its average volume of 1,139,146. Newmark Group has a 52-week low of $13.72 and a 52-week high of $16.74.

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Newmark Group Company Profile

Newmark Group, Inc is a commercial real estate services company. The Company is focused on offering products and services to both owners and occupiers across the entire commercial real estate industry. Its investor/owner services and products include capital markets, which consists of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, diligence and underwriting and government-sponsored enterprise lending and loan servicing.

Analyst Recommendations for Newmark Group (NASDAQ:NMRK)

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