AMEC plc Given Buy Rating at Canaccord Genuity (AMEC)
AMEC plc (LON:AMEC)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a research note issued on Thursday, American Banking News.com reports. They currently have a GBX 1,350 ($22.15) price target on the stock. Canaccord Genuity’s price objective indicates a potential upside of 25.00% from the company’s current price.
AMEC plc (LON:AMEC) traded down 1.10% on Thursday, hitting GBX 1080.00. 3,246,514 shares of the company’s stock traded hands. AMEC plc has a 52 week low of GBX 961.00 and a 52 week high of GBX 1210.00. The stock has a 50-day moving average of GBX 1059. and a 200-day moving average of GBX 1091.. The company’s market cap is £3.175 billion.
AMEC has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “buy” rating on shares of AMEC plc in a research note on Thursday. They now have a GBX 1,417 ($23.25) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of AMEC plc in a research note on Tuesday, February 4th. They now have a GBX 1,110 ($18.21) price target on the stock. Finally, analysts at Prime Markets reiterated a “sell” rating on shares of AMEC plc in a research note on Monday, January 27th. They now have a GBX 961 ($15.77) price target on the stock. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,177.40 ($19.32).
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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