Amec Foster Wheeler plc (AMFW) Receives Average Rating of “Hold” from Analysts
Amec Foster Wheeler plc (LON:AMFW) has earned a consensus recommendation of “Hold” from the sixteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 552.86 ($7.27).
Several research analysts have commented on the stock. Jefferies Group LLC reissued an “underperform” rating and set a GBX 414 ($5.45) price objective on shares of Amec Foster Wheeler plc in a report on Wednesday, September 6th. Raymond James Financial, Inc. decreased their target price on shares of Amec Foster Wheeler plc from GBX 540 ($7.10) to GBX 500 ($6.58) and set an “outperform” rating on the stock in a research report on Thursday, August 24th. Finally, Numis Securities Ltd restated a “buy” rating and set a GBX 615 ($8.09) target price on shares of Amec Foster Wheeler plc in a research report on Friday, August 11th.
Shares of Amec Foster Wheeler plc (LON AMFW) opened at GBX 546.50 ($7.19) on Thursday.
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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.
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