Amec Foster Wheeler PLC (LON:AMEC) has been given an average rating of “Hold” by the fourteen brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 548.91 ($7.13).

Several brokerages recently weighed in on AMEC. Jefferies Group LLC restated an “underperform” rating and issued a GBX 414 ($5.37) price objective on shares of Amec Foster Wheeler PLC in a report on Tuesday, April 18th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 570 ($7.40) target price on shares of Amec Foster Wheeler PLC in a research note on Friday, May 19th. Macquarie raised shares of Amec Foster Wheeler PLC to an “outperform” rating and upped their target price for the company from GBX 610 ($7.92) to GBX 725 ($9.41) in a research note on Wednesday, May 24th. Finally, Numis Securities Ltd raised shares of Amec Foster Wheeler PLC to a “buy” rating and increased their price objective for the stock from GBX 564 ($7.32) to GBX 670 ($8.70) in a research report on Tuesday, July 4th.

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About Amec Foster Wheeler PLC

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.

Analyst Recommendations for Amec Foster Wheeler PLC (LON:AMEC)

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