AMEC plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:AMEC)
Shares of AMEC plc (LON:AMEC) have received a consensus recommendation of “Hold” from the eighteen brokerages that are covering the company, AnalystRatings.NET reports. Four investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,242.27 ($21.09).
AMEC plc (LON:AMEC) opened at 1118.00 on Wednesday. AMEC plc has a 52-week low of GBX 995.00 and a 52-week high of GBX 1271.00. The stock’s 50-day moving average is GBX 1200.43 and its 200-day moving average is GBX 1158.. The company’s market cap is £3.328 billion.
AMEC has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of AMEC plc in a research note on Monday, July 14th. They now have a GBX 1,400 ($23.77) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of AMEC plc in a research note on Friday, July 4th. They now have a GBX 1,400 ($23.77) price target on the stock. Finally, analysts at Nomura raised their price target on shares of AMEC plc from GBX 1,280 ($21.74) to GBX 1,450 ($24.62) in a research note on Friday, June 27th. They now have a “buy” rating 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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