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AMEC plc (LON:AMEC)‘s stock had its “buy” rating reiterated by Canaccord Genuity in a research note issued on Friday. They currently have a GBX 1,400 ($23.56) target price on the stock. Canaccord Genuity’s price objective points to a potential upside of 30.96% from the stock’s previous close.

AMEC plc (LON:AMEC) traded down 1.29% during mid-day trading on Friday, hitting GBX 1069.00. 1,882,950 shares of the company’s stock traded hands. AMEC plc has a 52 week low of GBX 995.00 and a 52 week high of GBX 1271.00. The stock has a 50-day moving average of GBX 1180. and a 200-day moving average of GBX 1159.. The company’s market cap is £3.136 billion.

A number of other analysts have also recently weighed in on AMEC. Analysts at Deutsche Bank cut their price target on shares of AMEC plc from GBX 1,400 ($23.56) to GBX 1,350 ($22.72) in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Nomura cut their price target on shares of AMEC plc from GBX 1,450 ($24.40) to GBX 1,250 ($21.03) in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of AMEC plc in a research note on Thursday. They now have a GBX 1,125 ($18.93) price target on the stock. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,235.07 ($20.78).

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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