Analyst Price Target is $11.25
▲ +31.43% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Newmark Group in the last 3 months. The average price target is $11.25, with a high forecast of $17.00 and a low forecast of $8.00. The average price target represents a 31.43% upside from the last price of $8.56.
Current Consensus is
The current consensus among 4 polled investment analysts is to hold stock in Newmark Group. This rating has held steady since April 2022, when it changed from a Buy consensus rating.
Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; account and transaction management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. As of December 31, 2021, it operated approximately 160 offices on four continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York.