John Wood Group PLC Receives Overweight Rating from Barclays (WG)
John Wood Group PLC (LON:WG)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a research report issued to clients and investors on Thursday, Stock Ratings Network reports. They currently have a GBX 1,025 ($17.29) price objective on the stock. Barclays’ price objective indicates a potential upside of 33.12% from the company’s current price.
John Wood Group PLC (LON:WG) traded down 4.47% on Thursday, hitting GBX 770.00. The stock had a trading volume of 1,167,609 shares. John Wood Group PLC has a 1-year low of GBX 610.00 and a 1-year high of GBX 974.471. The stock’s 50-day moving average is GBX 770.5 and its 200-day moving average is GBX 738.7. The company’s market cap is £2.798 billion.
A number of other analysts have also recently weighed in on WG. Analysts at Liberum Capital cut their price target on shares of John Wood Group PLC from GBX 825 ($13.92) to GBX 755 ($12.74) in a research note on Tuesday, April 29th. They now have a “hold” rating on the stock. Separately, analysts at HSBC upgraded shares of John Wood Group PLC to an “overweight” rating in a research note on Tuesday, April 29th. They now have a GBX 900 ($15.18) price target on the stock, up previously from GBX 740 ($12.48). Finally, 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 ($12.99) price target on the stock, down previously from GBX 800 ($13.50). Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. John Wood Group PLC has an average rating of “Buy” and a consensus price target of GBX 834.57 ($14.08).
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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