Amec Foster Wheeler PLC’s (AMFW) Neutral Rating Reaffirmed at BNP Paribas
Amec Foster Wheeler PLC (LON:AMFW)‘s stock had its “neutral” rating reiterated by research analysts at BNP Paribas in a research report issued on Monday. They currently have a GBX 530 ($6.55) price target on the stock. BNP Paribas’ target price would indicate a potential upside of 4.85% from the company’s current price.
AMFW has been the topic of several other research reports. JPMorgan Chase & Co. dropped their target price on shares of Amec Foster Wheeler PLC from GBX 520 ($6.42) to GBX 500 ($6.18) and set an “overweight” rating on the stock in a report on Monday, December 12th. Jefferies Group LLC restated an “underperform” rating and issued a GBX 310 ($3.83) target price on shares of Amec Foster Wheeler PLC in a report on Monday, February 6th. Canaccord Genuity restated a “buy” rating and issued a GBX 600 ($7.41) target price on shares of Amec Foster Wheeler PLC in a report on Thursday, December 1st. Morgan Stanley restated an “overweight” rating and issued a GBX 625 ($7.72) target price on shares of Amec Foster Wheeler PLC in a report on Friday, March 3rd. Finally, Royal Bank of Canada raised their target price on shares of Amec Foster Wheeler PLC from GBX 500 ($6.18) to GBX 650 ($8.03) and gave the stock a “sector performer” rating in a report on Wednesday, December 21st. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. Amec Foster Wheeler PLC currently has an average rating of “Hold” and a consensus price target of GBX 525.11 ($6.49).
Amec Foster Wheeler PLC (LON:AMFW) traded up 1.79% on Monday, reaching GBX 505.50. The company had a trading volume of 2,552,042 shares. The stock’s market capitalization is GBX 1.94 billion. The stock’s 50 day moving average price is GBX 463.77 and its 200-day moving average price is GBX 490.05. Amec Foster Wheeler PLC has a 12-month low of GBX 353.30 and a 12-month high of GBX 631.00.
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About Amec Foster Wheeler PLC
Amec Foster Wheeler plc operates across the oil and gas value chain from production to refining, processing and distribution of derivative products in oil and gas, mining, clean energy, and the environment and infrastructure markets. The Company’s segments include Americas; Northern Europe and CIS (NECIS); Asia, Middle East, Africa and Southern Europe (AMEASE); Global Power Group, and Investment Services.
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