Deutsche Bank Reiterates Hold Rating for John Wood Group PLC (WG)
John Wood Group PLC (LON:WG)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Wednesday. They currently have a GBX 820 ($13.61) price objective on the stock. Deutsche Bank’s price objective suggests a potential upside of 5.06% from the company’s current price.
John Wood Group PLC (LON:WG) traded down 1.47% during mid-day trading on Wednesday, hitting GBX 769.00. 752,065 shares of the company’s stock traded hands. 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 761.6 and its 200-day moving average is GBX 768.2. The company’s market cap is £2.805 billion.
A number of other analysts have also recently weighed in on WG. Analysts at Nomura reiterated a “neutral” rating on shares of John Wood Group PLC in a research note on Friday, August 29th. They now have a GBX 610 ($10.12) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of John Wood Group PLC from GBX 838 ($13.91) to GBX 919 ($15.25) in a research note on Thursday, August 21st. They now have an “add” rating on the stock. Finally, 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 ($15.27) 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. The company currently has an average rating of “Hold” and an average target price of GBX 835.29 ($13.86).
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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