Numis Securities Ltd Reiterates “Add” Rating for John Wood Group PLC (WG)
John Wood Group PLC (LON:WG)‘s stock had its “add” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday, American Banking News reports. They currently have a GBX 838 ($14.11) price objective on the stock. Numis Securities Ltd’s price target points to a potential upside of 7.50% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of John Wood Group PLC in a research note on Friday. They now have a GBX 820 ($13.81) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of John Wood Group PLC in a research note on Thursday, May 8th. They now have a GBX 1,025 ($17.26) price target on the stock. Finally, analysts at Liberum Capital cut their price target on shares of John Wood Group PLC from GBX 825 ($13.90) to GBX 755 ($12.72) in a research note on Tuesday, April 29th. They now have a “hold” rating on the stock. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 834.57 ($14.06).
Shares of John Wood Group PLC (LON:WG) traded down 0.96% during mid-day trading on Tuesday, hitting GBX 772.00. 301,736 shares of the company’s stock traded hands. John Wood Group PLC has a 1-year low of GBX 610.00 and a 1-year high of GBX 927.0001. The stock has a 50-day moving average of GBX 772.4 and a 200-day moving average of GBX 737.5. The company’s market cap is £2.806 billion.
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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