John Wood Group PLC (WG) Receives “Outperform” Rating from Sanford C. Bernstein
John Wood Group PLC (LON:WG)‘s stock had its “outperform” rating reissued by equities researchers at Sanford C. Bernstein in a report issued on Thursday. They currently have a GBX 1,000 ($12.95) price objective on the stock. Sanford C. Bernstein’s price target would suggest a potential upside of 61.29% from the company’s previous close.
WG has been the subject of a number of other reports. BNP Paribas reiterated a “neutral” rating and set a GBX 725 ($9.39) target price on shares of John Wood Group PLC in a research report on Monday, March 20th. Deutsche Bank AG restated a “buy” rating on shares of John Wood Group PLC in a research report on Tuesday, March 14th. Raymond James Financial, Inc. dropped their price objective on John Wood Group PLC from GBX 900 ($11.66) to GBX 810 ($10.49) and set an “outperform” rating for the company in a research report on Wednesday, March 8th. Morgan Stanley upgraded John Wood Group PLC to an “overweight” rating and set a GBX 1,000 ($12.95) price objective for the company in a research report on Monday, March 13th. Finally, Jefferies Group LLC restated an “underperform” rating and set a GBX 600 ($7.77) price objective on shares of John Wood Group PLC in a research report on Monday, June 26th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 812.46 ($10.52).
John Wood Group PLC (LON:WG) opened at 620.00 on Thursday. The firm’s 50 day moving average price is GBX 708.11 and its 200-day moving average price is GBX 782.58. John Wood Group PLC has a one year low of GBX 615.50 and a one year high of GBX 909.00. The company’s market capitalization is GBX 2.31 billion.
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In other John Wood Group PLC news, insider David Kemp sold 13,204 shares of the stock in a transaction dated Monday, June 12th. The stock was sold at an average price of GBX 689 ($8.92), for a total value of £90,975.56 ($117,843.99).
John Wood Group PLC Company Profile
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