John Wood Group PLC Receives “Overweight” Rating from HSBC (WG)
John Wood Group PLC (LON:WG)‘s stock had its “overweight” rating reiterated by stock analysts at HSBC in a report issued on Wednesday. They currently have a GBX 920 ($15.38) price target on the stock. HSBC’s target price indicates a potential upside of 16.68% from the company’s current price.
Shares of John Wood Group PLC (LON:WG) opened at 782.51 on Wednesday. John Wood Group PLC has a 52-week low of GBX 610.00 and a 52-week high of GBX 868.5001. The stock has a 50-day moving average of GBX 763.1 and a 200-day moving average of GBX 759.2. The company’s market cap is £2.844 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of John Wood Group PLC in a research note on Wednesday. They now have a GBX 850 ($14.21) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of John Wood Group PLC in a research note on Wednesday. They now have a GBX 820 ($13.71) price target on the stock. Finally, analysts at Investec reiterated an “add” rating on shares of John Wood Group PLC in a research note on Tuesday. They now have a GBX 825 ($13.79) price target on the stock. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. John Wood Group PLC currently has a consensus rating of “Hold” and an average price target of GBX 834.20 ($13.95).
John Wood Group PLC is an international energy services company. It provides services to customers engaged in the oil & gas and power markets.
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