Nomura Reiterates “Neutral” Rating for John Wood Group PLC (WG)
John Wood Group PLC (LON:WG)‘s stock had its “neutral” rating reiterated by stock analysts at Nomura in a report issued on Friday. They currently have a GBX 610 ($10.09) price target on the stock. Nomura’s target price would suggest a potential downside of 21.94% from the company’s current price.
John Wood Group PLC (LON:WG) opened at 781.00 on Friday. John Wood Group PLC has a one year low of GBX 610.00 and a one year high of GBX 838.50. The stock’s 50-day moving average is GBX 760.1 and its 200-day moving average is GBX 765.4. The company’s market cap is £2.849 billion.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd raised their price target on shares of John Wood Group PLC from GBX 838 ($13.87) to GBX 919 ($15.21) in a research note on Thursday, August 21st. They now have an “add” rating on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of John Wood Group PLC in a research note on Wednesday, August 20th. They now have a GBX 920 ($15.22) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of John Wood Group PLC in a research note on Wednesday, August 20th. They now have a GBX 850 ($14.07) price target on the stock. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. John Wood Group PLC presently has an average rating of “Hold” and an average target price of GBX 835.29 ($13.82).
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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