Goldman Sachs Group began coverage on shares of Newmark Group (NASDAQ:NMRK) in a research note issued to investors on Tuesday, The Fly reports. The brokerage set a “buy” rating on the stock.

Shares of Newmark Group (NMRK) opened at $15.56 on Tuesday. Newmark Group has a fifty-two week low of $13.72 and a fifty-two week high of $16.22. The stock has a market capitalization of $2,360.00 and a price-to-earnings ratio of 13.30.

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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.

The Fly

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