Amec Foster Wheeler PLC (AMFW) Receives Consensus Rating of “Hold” from Brokerages
Shares of Amec Foster Wheeler PLC (LON:AMFW) have been given a consensus recommendation of “Hold” by the fourteen analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 570.77 ($7.27).
A number of research analysts recently commented on AMFW shares. Numis Securities Ltd raised Amec Foster Wheeler PLC from a “hold” rating to a “buy” rating and increased their target price for the company from GBX 564 ($7.19) to GBX 670 ($8.54) in a research note on Friday, April 7th. Deutsche Bank AG raised their price objective on Amec Foster Wheeler PLC from GBX 470 ($5.99) to GBX 570 ($7.26) and gave the company a “buy” rating in a research note on Friday, May 19th. Societe Generale reaffirmed a “buy” rating and set a GBX 650 ($8.28) price objective on shares of Amec Foster Wheeler PLC in a research note on Tuesday, March 14th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 600 ($7.64) price objective on shares of Amec Foster Wheeler PLC in a research note on Friday, March 3rd. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 530 ($6.75) price objective on shares of Amec Foster Wheeler PLC in a research note on Monday, March 20th.
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Shares of Amec Foster Wheeler PLC (LON:AMFW) opened at 480.40 on Monday. Amec Foster Wheeler PLC has a 12-month low of GBX 353.30 and a 12-month high of GBX 631.00. The company’s 50 day moving average price is GBX 521.02 and its 200 day moving average price is GBX 496.94. The firm’s market cap is GBX 1.87 billion.
Amec Foster Wheeler PLC Company Profile
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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