AMEC plc’s “Buy” Rating Reaffirmed at Societe Generale (AMEC)
AMEC plc (LON:AMEC)‘s stock had its “buy” rating restated by equities researchers at Societe Generale in a research report issued on Thursday, AR Network reports. They currently have a GBX 1,417 ($23.25) price target on the stock. Societe Generale’s target price suggests a potential upside of 31.20% from the stock’s previous close.
AMEC has been the subject of a number of other recent research reports. 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. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of AMEC plc in a research note on Monday, February 3rd. They now have a GBX 1,350 ($22.15) 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 assigned a hold rating and seven have given 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).
Shares of AMEC plc (LON:AMEC) traded down 1.10% during mid-day trading on Thursday, hitting GBX 1080.00. The stock had a trading volume of 3,246,514 shares. 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 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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