Shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) have been assigned an average recommendation of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating on the company.

Several brokerages have commented on AMFW. BidaskClub upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 6th. Zacks Investment Research cut shares of AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “sell” rating in a research report on Thursday, September 7th. Finally, Numis Securities Ltd upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “buy” rating in a research report on Tuesday, July 4th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Comerica Bank purchased a new stake in shares of AMEC Foster Wheeler plc American Depositary Shares during the 2nd quarter valued at about $118,000. World Asset Management Inc purchased a new stake in shares of AMEC Foster Wheeler plc American Depositary Shares during the 2nd quarter valued at about $138,000. Capstone Asset Management Co. raised its position in shares of AMEC Foster Wheeler plc American Depositary Shares by 4.0% during the 2nd quarter. Capstone Asset Management Co. now owns 44,970 shares of the company’s stock valued at $271,000 after buying an additional 1,710 shares in the last quarter. Northern Trust Corp raised its position in shares of AMEC Foster Wheeler plc American Depositary Shares by 8.6% during the 2nd quarter. Northern Trust Corp now owns 192,085 shares of the company’s stock valued at $1,156,000 after buying an additional 15,143 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of AMEC Foster Wheeler plc American Depositary Shares by 69.7% during the 1st quarter. Renaissance Technologies LLC now owns 329,300 shares of the company’s stock valued at $2,170,000 after buying an additional 135,200 shares in the last quarter.

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Shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ AMFW) opened at 7.01 on Wednesday. The company has a 50 day moving average price of $6.11 and a 200-day moving average price of $6.31. The stock’s market cap is $2.68 billion. AMEC Foster Wheeler plc American Depositary Shares has a 12 month low of $4.96 and a 12 month high of $7.70.

About AMEC Foster Wheeler plc American Depositary Shares

Analyst Recommendations for AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW)

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