Newmark Group (NASDAQ:NMRK) Getting Somewhat Favorable Press Coverage, Study Shows
Media coverage about Newmark Group (NASDAQ:NMRK) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Newmark Group earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the company an impact score of 48.6639055123257 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Newmark Group Inc (NMRK) Sees Large Drop in Short Interest (americanbankingnews.com)
- Brokerages Anticipate Newmark Group Inc (NMRK) to Announce $0.31 Earnings Per Share (americanbankingnews.com)
- Reviewing CBRE Group (CBG) & Newmark Group (NMRK) (americanbankingnews.com)
- Comparing Newmark Group (NMRK) & The Competition (americanbankingnews.com)
- Comparing Newmark Group (NMRK) and Its Rivals (americanbankingnews.com)
NMRK has been the topic of a number of analyst reports. Wedbush initiated coverage on shares of Newmark Group in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $20.00 price target on the stock. Bank of America initiated coverage on Newmark Group in a research report on Tuesday, January 9th. They issued a “buy” rating and a $20.00 target price for the company. Keefe, Bruyette & Woods initiated coverage on shares of Newmark Group in a research report on Tuesday, January 9th. They set a “market perform” rating and a $17.00 price target for the company. Goldman Sachs Group started coverage on shares of Newmark Group in a research report on Tuesday, January 9th. They set a “buy” rating and a $24.00 price target for the company. Finally, Sandler O’Neill started coverage on Newmark Group in a research note on Tuesday, January 9th. They set a “buy” rating and a $18.50 price objective for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $19.90.
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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.
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