AMEC plc Receives Average Rating of “Hold” from Brokerages (LON:AMEC)
Shares of AMEC plc (LON:AMEC) have been given a consensus recommendation of “Hold” by the nineteen brokerages that are presently covering the stock, AR Network reports. Four research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,229 ($20.86).
AMEC plc (LON:AMEC) traded up 0.81% during mid-day trading on Friday, hitting GBX 1246.00. 340,803 shares of the company’s stock traded hands. AMEC plc has a 52 week low of GBX 981.4999 and a 52 week high of GBX 1271.00. The stock’s 50-day moving average is GBX 1219. and its 200-day moving average is GBX 1133.. The company’s market cap is £3.709 billion.
A number of research firms have recently commented on AMEC. Analysts at Credit Suisse reiterated a “neutral” rating on shares of AMEC plc in a research note on Monday. They now have a GBX 1,250 ($21.22) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of AMEC plc in a research note on Monday, June 9th. They now have a GBX 1,400 ($23.77) price target on the stock. Finally, 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 ($24.61) price target on the stock.
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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