AMEC Given Sell Rating at Prime Markets (AMEC)
AMEC (LON:AMEC)‘s stock had its “sell” rating reiterated by stock analysts at Prime Markets in a report issued on Monday, AmericanBankingNews.com reports. They currently have a GBX 961 ($15.83) price target on the stock. Prime Markets’ price target suggests a potential downside of 5.78% from the company’s current price.
A number of other analysts have also recently weighed in on AMEC. Analysts at Investec downgraded shares of AMEC to a “hold” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 1,065 ($17.55) price target on the stock, down previously from GBX 1,300 ($21.42). Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of AMEC in a research note to investors on Tuesday, January 21st. They now have a GBX 1,120 ($18.45) price target on the stock. Finally, analysts at Societe Generale raised their price target on shares of AMEC from GBX 1,320 ($21.75) to GBX 1,417 ($23.35) in a research note to investors on Tuesday, January 14th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the stock. AMEC has an average rating of “Hold” and a consensus price target of GBX 1,174.46 ($19.35).
AMEC (LON:AMEC) traded down 0.29% during mid-day trading on Monday, hitting GBX 1020.00. 3,619,685 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 has a 50-day moving average of GBX 1064. and a 200-day moving average of GBX 1092.. The company’s market cap is £2.999 billion.
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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