AMEC plc Rating Reiterated by Credit Suisse (AMEC)
AMEC plc (LON:AMEC)‘s stock had its “neutral” rating reaffirmed by Credit Suisse in a research note issued on Wednesday. They currently have a GBX 1,250 ($21.27) price objective on the stock. Credit Suisse’s target price would indicate a potential upside of 4.52% from the stock’s previous close.
AMEC plc (LON:AMEC) traded down 1.97% during mid-day trading on Wednesday, hitting GBX 1196.00. The stock had a trading volume of 1,512,013 shares. AMEC plc has a one year low of GBX 993.50 and a one year high of GBX 1271.00. The stock’s 50-day moving average is GBX 1217. and its 200-day moving average is GBX 1137.. The company’s market cap is £3.560 billion.
A number of other analysts have also recently weighed in on AMEC. Analysts at Berenberg Bank reiterated a “buy” rating on shares of AMEC plc in a research note on Tuesday. They now have a GBX 1,450 ($24.68) 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. They now have a GBX 1,400 ($23.83) price target on the stock. Finally, 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 ($23.83) price target on the stock. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,229 ($20.92).
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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