Shares of Amec Foster Wheeler plc (NYSE:AMFW) have been given a consensus recommendation of “Buy” by the nine analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have given a buy recommendation to the company.

AMFW has been the subject of several recent research reports. BidaskClub upgraded Amec Foster Wheeler from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Zacks Investment Research cut Amec Foster Wheeler from a “hold” rating to a “sell” rating in a research report on Thursday, September 7th.

Shares of Amec Foster Wheeler (AMFW) opened at $7.01 on Thursday. Amec Foster Wheeler has a twelve month low of $4.96 and a twelve month high of $7.70.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Comerica Bank acquired a new position in shares of Amec Foster Wheeler in the 2nd quarter valued at $118,000. World Asset Management Inc purchased a new stake in shares of Amec Foster Wheeler in the 2nd quarter valued at $138,000. Capstone Asset Management Co. raised its holdings in shares of Amec Foster Wheeler by 4.0% in 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 during the period. Crossmark Global Holdings Inc. purchased a new stake in shares of Amec Foster Wheeler in the 3rd quarter valued at $363,000. Finally, Northern Trust Corp raised its holdings in shares of Amec Foster Wheeler by 8.6% in 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 during the period.

COPYRIGHT VIOLATION WARNING: “Amec Foster Wheeler plc (AMFW) Receives Consensus Recommendation of “Buy” from Analysts” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/12/14/amec-foster-wheeler-plc-amfw-receives-consensus-recommendation-of-buy-from-analysts.html.

Amec Foster Wheeler Company Profile

Analyst Recommendations for Amec Foster Wheeler (NYSE:AMFW)

Receive News & Ratings for Amec Foster Wheeler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amec Foster Wheeler and related companies with MarketBeat.com's FREE daily email newsletter.