WS Atkins PLC (ATK) Cut to “Sector Performer” at Royal Bank Of Canada
WS Atkins PLC (LON:ATK) was downgraded by investment analysts at Royal Bank Of Canada to a “sector performer” rating in a research report issued on Thursday. They currently have a GBX 1,500 ($18.56) price objective on the stock. Royal Bank Of Canada’s price objective points to a potential downside of 3.41% from the company’s current price.
ATK has been the subject of several other research reports. Peel Hunt reiterated an “add” rating and issued a GBX 1,483 ($18.35) price objective on shares of WS Atkins PLC in a report on Tuesday, August 2nd. Liberum Capital increased their target price on WS Atkins PLC from GBX 1,350 ($16.71) to GBX 1,480 ($18.32) and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Panmure Gordon reissued a “buy” rating and issued a GBX 1,630 ($20.17) target price on shares of WS Atkins PLC in a research report on Thursday, June 16th. JPMorgan Chase & Co. increased their target price on WS Atkins PLC from GBX 1,440 ($17.82) to GBX 1,650 ($20.42) and gave the stock an “overweight” rating in a research report on Friday, September 30th. Finally, Numis Securities Ltd reissued a “buy” rating and issued a GBX 1,575 ($19.49) target price on shares of WS Atkins PLC in a research report on Tuesday, August 2nd. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. WS Atkins PLC has a consensus rating of “Hold” and an average price target of GBX 1,522.67 ($18.84).
Shares of WS Atkins PLC (LON:ATK) opened at 1527.00 on Thursday. The stock’s 50 day moving average price is GBX 1,551.75 and its 200 day moving average price is GBX 1,412.26. The company’s market cap is GBX 1.49 billion. WS Atkins PLC has a 12-month low of GBX 1,110.00 and a 12-month high of GBX 1,677.00.
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In other WS Atkins PLC news, insider Heath Drewett sold 1,470 shares of WS Atkins PLC stock in a transaction on Monday, September 26th. The stock was sold at an average price of GBX 1,542 ($19.08), for a total value of £22,667.40 ($28,053.71).
About WS Atkins PLC
WS Atkins plc is engaged in providing design, engineering and project management consultancy services. The Company operates through five segments: UK and Europe, North America, Middle East, Asia Pacific and Energy. In the UK and Europe segment, the Company’s focus is on planning, designing and enabling its clients’ capital programs and projects in and around infrastructure and transportation, as well as providing engineering consultancy services to other markets.
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