AMEC Rating Reiterated by Deutsche Bank (AMEC)
AMEC (LON:AMEC)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank in a report released on Monday, AnalystRatings.NET reports. They currently have a GBX 1,250 ($20.50) target price on the stock. Deutsche Bank’s price target suggests a potential upside of 15.10% from the company’s current price.
AMEC (LON:AMEC) traded up 0.84% on Monday, hitting GBX 1086.00. 828,789 shares of the company’s stock traded hands. AMEC has a 52-week low of GBX 960.9999 and a 52-week high of GBX 1210.00. The stock’s 50-day moving average is GBX 1100. and its 200-day moving average is GBX 1087.81. The company’s market cap is £3.193 billion.
A number of other firms have also recently commented on AMEC. Analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of AMEC in a research note to investors on Thursday, December 19th. They now have a GBX 1,227 ($20.12) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of AMEC in a research note to investors on Monday, December 9th. They now have a GBX 1,320 ($21.65) price target on the stock. Finally, analysts at Canaccord Genuity upgraded shares of AMEC to a “buy” rating in a research note to investors on Thursday, December 5th. They now have a GBX 1,300 ($21.32) price target on the stock, up previously from GBX 1,125 ($18.45). Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,193.30 ($19.57).
AMEC plc (LON:AMEC) is a provider of consultancy, engineering and project management services to its customers in the world’s oil and gas, minerals and metals, clean energy, environment and infrastructure markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.