Cushman & Wakefield plc’s recent filing unveils that its Former 10% Owner TPG GP A, LLC unloaded Company’s shares for reported $188.08 million on May 22 ’24. In the deal valued at $11.00 per share,17,098,001 shares were sold. As a result of this transaction, TPG GP A, LLC now holds 0 shares worth roughly $0.0.
Jefferies downgraded its Cushman & Wakefield plc [CWK] rating to a Hold from a a Buy in a research note published on January 02, 2025; the price target was decreased to $14 from $18. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early December with a ‘”a Sell”‘ rating. Jefferies began covering CWK with “Buy” recommendation on April 10, 2024. Wolfe Research revised its rating on April 09, 2024. It rated CWK as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of CWK
On Monday, Cushman & Wakefield plc [NYSE:CWK] saw its stock jump 7.21% to $11.00. Over the last five days, the stock has gained 9.89%. Cushman & Wakefield plc shares have fallen nearly -15.90% since the year began. Nevertheless, the stocks have risen 8.06% over the past one year. While a 52-week high of $16.11 was reached on 01/27/25, a 52-week low of $7.64 was recorded on 04/09/25. SMA at 50 days reached $9.84, while 200 days put it at $12.46.
Levels Of Support And Resistance For CWK Stock
The 24-hour chart illustrates a support level at 10.82, which if violated will result in even more drops to 10.65. On the upside, there is a resistance level at 11.10. A further resistance level may holdings at 11.20. The Relative Strength Index (RSI) on the 14-day chart is 69.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.94%. Stochastics %K at 96.26% indicates the stock is a selling.
