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Analysts Are Bullish on Top Real Estate Stocks: Newmark Group (NMRK), Swiss Prime Site AG (SWPRF)

Tipranks - Tue Mar 10, 3:15AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Newmark Group (NMRKResearch Report) and Swiss Prime Site AG (SWPRFResearch Report) with bullish sentiments.

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Newmark Group (NMRK)

Barclays analyst Brendan Lynch maintained a Buy rating on Newmark Group today and set a price target of $21.00. The company’s shares closed last Friday at $14.28.

According to TipRanks.com, Lynch is a 1-star analyst with an average return of -2.2% and a 43.7% success rate. Lynch covers the NA sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and First Industrial Realty. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Newmark Group with a $19.75 average price target, which is a 38.3% upside from current levels. In a report issued on February 27, Goldman Sachs also maintained a Buy rating on the stock with a $21.00 price target.

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Swiss Prime Site AG (SWPRF)

Frew has an average return of 33.8% when recommending Swiss Prime Site AG. ;'>

According to TipRanks.com, Frew is ranked #4844 out of 12128 analysts.

Swiss Prime Site AG has an analyst consensus of Hold, with a price target consensus of $153.47.

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