Raymond James Financial, Inc. upgraded shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) from a market perform rating to an outperform rating in a report released on Wednesday morning.

Other equities analysts also recently issued reports about the company. Wood & Company raised AMEC Foster Wheeler plc American Depositary Shares to an outperform rating in a research report on Wednesday, March 15th. Citigroup Inc reissued a neutral rating on shares of AMEC Foster Wheeler plc American Depositary Shares in a research report on Wednesday, March 15th. Societe Generale raised AMEC Foster Wheeler plc American Depositary Shares from a hold rating to a buy rating in a research report on Thursday, January 19th. Finally, Exane BNP Paribas downgraded AMEC Foster Wheeler plc American Depositary Shares from a neutral rating to an underperform rating in a research report on Monday, November 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. AMEC Foster Wheeler plc American Depositary Shares has a consensus rating of Hold.

AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) opened at 6.19 on Wednesday. The stock has a 50 day moving average price of $5.71 and a 200 day moving average price of $6.12. The stock’s market capitalization is $2.37 billion. AMEC Foster Wheeler plc American Depositary Shares has a 12 month low of $4.96 and a 12 month high of $7.82.

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An institutional investor recently bought a new position in AMEC Foster Wheeler plc American Depositary Shares stock. Envestnet Asset Management Inc. purchased a new stake in AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 166,317 shares of the company’s stock, valued at approximately $950,000.

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