John Wood Group PLC (LON:WG) Receives Average Rating of “Hold” from Brokerages
John Wood Group PLC (LON:WG) has been assigned a consensus rating of “Hold” from the nineteen research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 813.20 ($10.59).
A number of research analysts have recently weighed in on WG shares. Numis Securities Ltd upgraded John Wood Group PLC to a “buy” rating and raised their target price for the company from GBX 900 ($11.72) to GBX 929 ($12.10) in a report on Friday, April 7th. Jefferies Group LLC restated an “underperform” rating and issued a GBX 650 ($8.47) target price on shares of John Wood Group PLC in a report on Tuesday, April 18th. UBS AG dropped their target price on John Wood Group PLC from GBX 875 ($11.40) to GBX 825 ($10.75) and set a “neutral” rating on the stock in a report on Thursday, May 11th. Citigroup Inc. restated a “neutral” rating on shares of John Wood Group PLC in a report on Monday, May 15th. Finally, Deutsche Bank AG dropped their target price on John Wood Group PLC from GBX 900 ($11.72) to GBX 850 ($11.07) and set a “buy” rating on the stock in a report on Friday, May 19th.
In other news, insider David Kemp sold 13,204 shares of the firm’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of GBX 689 ($8.98), for a total value of £90,975.56 ($118,519.49).
Shares of John Wood Group PLC (WG) traded up 1.16% during midday trading on Tuesday, reaching GBX 610.00. The company had a trading volume of 1,737,357 shares. The stock’s market capitalization is GBX 2.27 billion. John Wood Group PLC has a 12-month low of GBX 559.00 and a 12-month high of GBX 909.00. The stock’s 50 day moving average is GBX 653.39 and its 200-day moving average is GBX 752.32.
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About John Wood Group PLC
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