Amec Foster Wheeler PLC (LON:AMFW) Given Consensus Recommendation of “Hold” by Analysts
Amec Foster Wheeler PLC (LON:AMFW) has been assigned a consensus recommendation of “Hold” from the sixteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 561.30 ($7.33).
A number of analysts recently weighed in on the stock. Jefferies Group LLC reiterated an “underperform” rating and set a GBX 414 ($5.41) price target on shares of Amec Foster Wheeler PLC in a research note on Tuesday, April 18th. Numis Securities Ltd upgraded shares of Amec Foster Wheeler PLC from a “hold” rating to a “buy” rating and increased their price target for the stock from GBX 564 ($7.36) to GBX 670 ($8.75) in a research note on Friday, April 7th. Deutsche Bank AG increased their price target on shares of Amec Foster Wheeler PLC from GBX 470 ($6.14) to GBX 570 ($7.44) and gave the stock a “buy” rating in a research note on Friday, May 19th. Macquarie upgraded shares of Amec Foster Wheeler PLC from a “neutral” rating to an “outperform” rating and increased their price target for the stock from GBX 610 ($7.97) to GBX 725 ($9.47) in a research note on Wednesday, May 24th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a GBX 550 ($7.18) price target on shares of Amec Foster Wheeler PLC in a research note on Thursday, July 6th.
COPYRIGHT VIOLATION WARNING: This news story was originally published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/07/21/amec-foster-wheeler-plc-lonamfw-given-consensus-recommendation-of-hold-by-analysts.html.
Amec Foster Wheeler PLC (AMFW) opened at 442.20 on Friday. The company’s 50 day moving average is GBX 474.59 and its 200 day moving average is GBX 496.51. The stock’s market cap is GBX 1.72 billion. Amec Foster Wheeler PLC has a one year low of GBX 395.50 and a one year high of GBX 631.00.
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.
Receive News & Ratings for Amec Foster Wheeler PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amec Foster Wheeler PLC and related companies with MarketBeat.com's FREE daily email newsletter.