AMEC Rating Reiterated by Liberum Capital (AMEC)
AMEC (LON:AMEC)‘s stock had its “hold” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Tuesday, Analyst Ratings Net reports. They currently have a GBX 1,120 ($18.38) price objective on the stock. Liberum Capital’s price objective would indicate a potential upside of 7.90% from the stock’s previous close.
Shares of AMEC (LON:AMEC) traded down 1.52% during mid-day trading on Tuesday, hitting GBX 1038.00. 1,398,100 shares of the company’s stock traded hands. AMEC has a 1-year low of GBX 961.00 and a 1-year high of GBX 1210.00. The stock’s 50-day moving average is GBX 1071. and its 200-day moving average is GBX 1092.. The company’s market cap is £3.052 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale raised their price target on shares of AMEC from GBX 1,320 ($21.67) to GBX 1,417 ($23.26) in a research note to investors on Tuesday, January 14th. They now have a “buy” rating on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of AMEC in a research note to investors on Tuesday, January 14th. They now have a GBX 1,130 ($18.55) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of AMEC in a research note to investors on Tuesday, January 14th. They now have a GBX 1,250 ($20.52) price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. AMEC has an average rating of “Hold” and an average target price of GBX 1,187.80 ($19.50).
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.
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