AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) – Investment analysts at Jefferies Group upped their FY2017 earnings per share (EPS) estimates for shares of AMEC Foster Wheeler plc American Depositary Shares in a report issued on Wednesday. Jefferies Group analyst M. Wilson now expects that the company will post earnings of $0.61 per share for the year, up from their prior estimate of $0.41.

Several other research firms have also recently weighed in on AMFW. Macquarie upgraded AMEC Foster Wheeler plc American Depositary Shares from a “neutral” rating to an “outperform” rating in a research note on Wednesday, May 24th. Numis Securities Ltd upgraded AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “buy” rating in a research note on Tuesday, July 4th. BidaskClub upgraded AMEC Foster Wheeler plc American Depositary Shares from a “strong sell” rating to a “sell” rating in a research note on Wednesday. Finally, Zacks Investment Research upgraded AMEC Foster Wheeler plc American Depositary Shares from a “sell” rating to a “hold” rating in a research note on Tuesday, May 23rd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold”.

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Shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ AMFW) opened at 6.11 on Friday. AMEC Foster Wheeler plc American Depositary Shares has a 12-month low of $4.96 and a 12-month high of $7.70. The company’s 50-day moving average price is $5.60 and its 200-day moving average price is $6.20. The firm’s market capitalization is $2.33 billion.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its holdings in AMEC Foster Wheeler plc American Depositary Shares by 75.0% in the first quarter. Jane Street Group LLC now owns 402,770 shares of the company’s stock valued at $2,654,000 after purchasing an additional 172,607 shares during the period. Renaissance Technologies LLC boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 69.7% during the first quarter. Renaissance Technologies LLC now owns 329,300 shares of the company’s stock valued at $2,170,000 after acquiring an additional 135,200 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 74.2% during the first quarter. Envestnet Asset Management Inc. now owns 289,649 shares of the company’s stock valued at $1,908,000 after acquiring an additional 123,332 shares during the last quarter. Northern Trust Corp boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 8.6% during the second quarter. Northern Trust Corp now owns 192,085 shares of the company’s stock valued at $1,156,000 after acquiring an additional 15,143 shares during the last quarter. Finally, Capstone Asset Management Co. boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 4.0% during the second quarter. Capstone Asset Management Co. now owns 44,970 shares of the company’s stock valued at $271,000 after acquiring an additional 1,710 shares during the last quarter.

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