AMEC plc Stock Rating Reaffirmed by Deutsche Bank (AMEC)
AMEC plc (LON:AMEC)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank in a report released on Monday. They currently have a GBX 1,400 ($23.54) target price on the stock. Deutsche Bank’s price target would suggest a potential upside of 11.29% from the company’s current price.
AMEC has been the subject of a number of other recent research reports. Analysts at Berenberg Bank initiated coverage on shares of AMEC plc in a research note on Thursday, May 29th. They set a “buy” rating and a GBX 1,450 ($24.38) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of AMEC plc in a research note on Tuesday, May 27th. They now have a GBX 1,400 ($23.54) price target on the stock. Finally, analysts at Liberum Capital downgraded shares of AMEC plc to a “sell” rating in a research note on Tuesday, April 29th. They now have a GBX 1,035 ($17.40) price target on the stock, down previously from GBX 1,120 ($18.83). Four analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,229 ($20.66).
Shares of AMEC plc (LON:AMEC) traded up 0.16% during mid-day trading on Monday, hitting GBX 1260.00. 390,438 shares of the company’s stock traded hands. AMEC plc has a one year low of GBX 977.0001 and a one year high of GBX 1259.00. The stock’s 50-day moving average is GBX 1213. and its 200-day moving average is GBX 1128.. The company’s market cap is £3.750 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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