John Wood Group PLC (LON:WG) was upgraded by investment analysts at Macquarie to an “outperform” rating in a research note issued to investors on Wednesday. The brokerage presently has a GBX 965 ($12.55) price target on the stock, up from their prior price target of GBX 810 ($10.54). Macquarie’s price target suggests a potential upside of 29.27% from the company’s previous close.

WG has been the subject of several other reports. Barclays PLC reaffirmed an “overweight” rating and set a GBX 900 ($11.71) price objective (down from GBX 980 ($12.75)) on shares of John Wood Group PLC in a research report on Wednesday, February 22nd. BNP Paribas reaffirmed a “neutral” rating and set a GBX 725 ($9.43) price objective on shares of John Wood Group PLC in a research report on Monday, March 20th. Jefferies Group LLC lowered their price objective on John Wood Group PLC from GBX 863 ($11.23) to GBX 800 ($10.41) and set a “hold” rating for the company in a research report on Wednesday, February 22nd. Goldman Sachs Group Inc reaffirmed a “neutral” rating and set a GBX 845.40 ($11.00) price objective on shares of John Wood Group PLC in a research report on Wednesday, February 8th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a GBX 1,000 ($13.01) price objective on shares of John Wood Group PLC in a research report on Monday, January 30th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 832.56 ($10.83).

Analyst Recommendations for John Wood Group PLC (LON:WG)

Shares of John Wood Group PLC (LON:WG) traded down 1.84% during midday trading on Wednesday, reaching GBX 746.50. The company’s stock had a trading volume of 6,102,789 shares. The stock’s 50-day moving average price is GBX 780.21 and its 200-day moving average price is GBX 805.22. John Wood Group PLC has a 12-month low of GBX 605.62 and a 12-month high of GBX 909.00. The company’s market cap is GBX 2.78 billion.

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John Wood Group PLC Company Profile

12 Month Chart for LON:WG

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