Amec Foster Wheeler PLC (AMFW) Stock Rating Reaffirmed by Sanford C. Bernstein
Amec Foster Wheeler PLC (LON:AMFW)‘s stock had its “market perform” rating restated by analysts at Sanford C. Bernstein in a research report issued on Thursday. They presently have a GBX 550 ($7.12) price target on the stock. Sanford C. Bernstein’s price target would suggest a potential upside of 21.01% from the stock’s current price.
AMFW has been the subject of a number of other research reports. Numis Securities Ltd upgraded shares of Amec Foster Wheeler PLC from a “hold” rating to a “buy” rating and upped their price objective for the stock from GBX 564 ($7.31) to GBX 670 ($8.68) in a research report on Friday, April 7th. Macquarie upped their price objective on shares of Amec Foster Wheeler PLC from GBX 400 ($5.18) to GBX 610 ($7.90) and gave the stock a “neutral” rating in a research report on Tuesday, March 14th. Citigroup Inc. downgraded shares of Amec Foster Wheeler PLC to a “neutral” rating and set a GBX 580 ($7.51) price objective for the company. in a research report on Tuesday, March 14th. Canaccord Genuity upped their price objective on shares of Amec Foster Wheeler PLC from GBX 600 ($7.77) to GBX 675 ($8.74) and gave the stock a “buy” rating in a research report on Wednesday, March 15th. Finally, Societe Generale reiterated a “buy” rating and issued a GBX 650 ($8.42) price objective on shares of Amec Foster Wheeler PLC in a research report on Tuesday, March 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 569.39 ($7.38).
Shares of Amec Foster Wheeler PLC (LON:AMFW) opened at 454.50 on Thursday. The stock’s market cap is GBX 1.77 billion. The firm has a 50-day moving average price of GBX 508.75 and a 200-day moving average price of GBX 497.47. Amec Foster Wheeler PLC has a 52 week low of GBX 395.50 and a 52 week high of GBX 631.00.
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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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