John Wood Group (WG) PT Lowered to GBX 865 at Credit Suisse Group

John Wood Group (LON:WG) had its target price reduced by Credit Suisse Group from GBX 875 ($11.78) to GBX 865 ($11.64) in a report issued on Wednesday. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 37.41% from the company’s previous close.

Several other analysts have also commented on the company. Jefferies Group reissued an “underperform” rating and issued a GBX 500 ($6.73) price objective on shares of John Wood Group in a report on Monday. Numis Securities reissued an “add” rating and issued a GBX 820 ($11.04) price objective on shares of John Wood Group in a report on Friday, December 1st. lowered John Wood Group to an “add” rating and set a GBX 820 ($11.04) price objective on the stock. in a report on Tuesday, November 14th. Barclays reissued an “underweight” rating and issued a GBX 730 ($9.83) price objective on shares of John Wood Group in a report on Thursday, October 19th. Finally, Citigroup reissued a “neutral” rating and issued a GBX 700 ($9.42) price objective on shares of John Wood Group in a report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 800.30 ($10.77).

Shares of John Wood Group (LON:WG) traded down GBX 49.50 ($0.67) on Wednesday, reaching GBX 629.50 ($8.47). The company’s stock had a trading volume of 5,845,561 shares, compared to its average volume of 3,040,000. John Wood Group has a one year low of GBX 553 ($7.44) and a one year high of GBX 909 ($12.23).

In other John Wood Group news, insider David Kemp sold 6,615 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of GBX 714 ($9.61), for a total transaction of £47,231.10 ($63,568.10).

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