John Wood Group PLC (WG) Receives Outperform Rating from Royal Bank Of Canada
John Wood Group PLC (LON:WG)‘s stock had its “outperform” rating reaffirmed by research analysts at Royal Bank Of Canada in a research report issued on Tuesday. They presently have a GBX 920 ($11.39) price target on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 14.93% from the stock’s previous close.
WG has been the topic of a number of other reports. Canaccord Genuity restated a “sell” rating and set a GBX 615 ($7.61) target price on shares of John Wood Group PLC in a research report on Monday, October 3rd. Macquarie lifted their price objective on shares of John Wood Group PLC from GBX 540 ($6.68) to GBX 680 ($8.42) and gave the company a “neutral” rating in a research report on Friday, September 30th. Barclays PLC reiterated an “overweight” rating and issued a GBX 840 ($10.40) price objective on shares of John Wood Group PLC in a research report on Wednesday, August 17th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 570 ($7.05) price objective on shares of John Wood Group PLC in a research report on Wednesday, August 17th. Finally, Morgan Stanley lifted their price objective on shares of John Wood Group PLC from GBX 800 ($9.90) to GBX 900 ($11.14) and gave the company an “overweight” rating in a research report on Wednesday, August 17th. Three analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 699.63 ($8.66).
John Wood Group PLC (LON:WG) opened at 803.50 on Tuesday. The firm’s 50-day moving average is GBX 725.96 and its 200-day moving average is GBX 667.50. The firm’s market capitalization is GBX 2.98 billion. John Wood Group PLC has a 52-week low of GBX 522.85 and a 52-week high of GBX 813.00.
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In related news, insider Jann M. Brown acquired 1,101 shares of the company’s stock in a transaction that occurred on Wednesday, September 28th. The stock was purchased at an average price of GBX 730 ($9.03) per share, for a total transaction of £8,037.30 ($9,947.15).
John Wood Group PLC Company Profile
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