AMEC plc (AMEC) Plans Dividend of GBX 14.80
AMEC plc (LON:AMEC) declared a dividend on Thursday, August 7th, American Banking News.com reports. Stockholders of record on Thursday, November 27th will be given a dividend of GBX 14.80 ($0.25) per share on Monday, January 5th. This represents a yield of 1.32%. The ex-dividend date of this dividend is Thursday, November 27th. The official announcement can be seen at this link.
AMEC has been the subject of a number of recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of AMEC plc in a research note on Friday. They now have a GBX 1,250 ($20.74) price target on the stock. On a related note, analysts at HSBC reiterated an “overweight” rating on shares of AMEC plc in a research note on Monday, August 11th. They now have a GBX 1,300 ($21.57) price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of AMEC plc from GBX 1,235 ($20.49) to GBX 1,242 ($20.61) in a research note on Friday, August 8th. They now have an “equal weight” rating on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. AMEC plc presently has a consensus rating of “Hold” and a consensus price target of GBX 1,226.73 ($20.36).
Shares of AMEC plc (LON:AMEC) opened at 1125.00 on Monday. 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 1137. and a 200-day moving average of GBX 1167.. The company’s market cap is £3.308 billion.
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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