Amec Foster Wheeler PLC (AMFW) Receives Consensus Rating of “Hold” from Analysts
Shares of Amec Foster Wheeler PLC (LON:AMFW) have been assigned a consensus rating of “Hold” from the sixteen research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 557.86 ($7.24).
A number of research firms have issued reports on AMFW. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 615 ($7.98) target price on shares of Amec Foster Wheeler PLC in a research report on Friday. Sanford C. Bernstein reiterated a “market perform” rating and issued a GBX 550 ($7.14) target price on shares of Amec Foster Wheeler PLC in a research report on Thursday, July 6th. Jefferies Group LLC reiterated an “underperform” rating and issued a GBX 414 ($5.37) target price on shares of Amec Foster Wheeler PLC in a research report on Monday, June 12th. Macquarie upgraded Amec Foster Wheeler PLC from a “neutral” rating to an “outperform” rating and lifted their target price for the company from GBX 610 ($7.92) to GBX 725 ($9.41) in a research report on Wednesday, May 24th. Finally, Deutsche Bank AG lifted their target price on Amec Foster Wheeler PLC from GBX 470 ($6.10) to GBX 570 ($7.40) and gave the company a “buy” rating in a research report on Friday, May 19th.
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Amec Foster Wheeler PLC (LON:AMFW) opened at 428.30 on Tuesday. Amec Foster Wheeler PLC has a 12 month low of GBX 395.50 and a 12 month high of GBX 631.00. The firm’s market cap is GBX 1.64 billion. The company’s 50-day moving average is GBX 451.51 and its 200 day moving average is GBX 492.94.
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.
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