Amec Foster Wheeler PLC (AMFW) Receives Average Recommendation of “Hold” from Analysts
Amec Foster Wheeler PLC (LON:AMFW) has received an average rating of “Hold” from the seventeen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 554.46 ($7.35).
AMFW has been the topic of a number of research reports. Sanford C. Bernstein reissued a “market perform” rating and set a GBX 550 ($7.30) target price on shares of Amec Foster Wheeler PLC in a report on Thursday, July 6th. Jefferies Group LLC reaffirmed an “underperform” rating and set a GBX 414 ($5.49) price target on shares of Amec Foster Wheeler PLC in a research note on Wednesday, September 6th. Raymond James Financial, Inc. dropped their price target on shares of Amec Foster Wheeler PLC from GBX 540 ($7.16) to GBX 500 ($6.63) and set an “outperform” rating for the company in a research note on Thursday, August 24th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 615 ($8.16) price target on shares of Amec Foster Wheeler PLC in a report on Friday, August 11th.
Shares of Amec Foster Wheeler PLC (AMFW) opened at 513.00 on Wednesday. The company’s 50 day moving average is GBX 457.18 and its 200-day moving average is GBX 492.39. The company’s market capitalization is GBX 1.96 billion. Amec Foster Wheeler PLC has a 1-year low of GBX 395.50 and a 1-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.
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