John Wood Group PLC Price Target Lowered to GBX 755 at Liberum Capital (WG)
Liberum Capital decreased their price target on shares of John Wood Group PLC (LON:WG) from GBX 825 ($13.86) to GBX 755 ($12.68) in a research note issued on Tuesday, AnalystRatings.NET reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s price objective would suggest a potential downside of 5.64% from the stock’s previous close.
Shares of John Wood Group PLC (LON:WG) traded up 1.03% on Tuesday, hitting GBX 800.125. 1,396,214 shares of the company’s stock traded hands. John Wood Group PLC has a 52-week low of GBX 610.00 and a 52-week high of GBX 927.0001. The stock’s 50-day moving average is GBX 758.7 and its 200-day moving average is GBX 738.1. The company’s market cap is £2.908 billion.
Several other analysts have also recently commented on the stock. Analysts at HSBC upgraded shares of John Wood Group PLC to an “overweight” rating in a research note on Tuesday. They now have a GBX 900 ($15.12) price target on the stock, up previously from GBX 740 ($12.43). Separately, analysts at Goldman Sachs downgraded shares of John Wood Group PLC to a “buy” rating in a research note on Thursday, April 17th. They now have a GBX 770 ($12.94) price target on the stock, down previously from GBX 800 ($13.44). Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of John Wood Group PLC in a research note on Monday, April 14th. They now have a GBX 838 ($14.08) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 835.69 ($14.04).
John Wood Group PLC is an international energy services company. It provides services to customers engaged in the oil & gas and power markets.
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