Amec Foster Wheeler PLC’s (AMEC) “Neutral” Rating Reiterated at BNP Paribas
BNP Paribas reaffirmed their neutral rating on shares of Amec Foster Wheeler PLC (LON:AMEC) in a report published on Tuesday, StockTargetPrices.com reports. BNP Paribas currently has a GBX 530 ($6.92) target price on the stock.
A number of other analysts also recently commented on AMEC. Jefferies Group reissued an underperform rating and issued a GBX 310 ($4.05) price objective on shares of Amec Foster Wheeler PLC in a research note on Tuesday, May 31st. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 520 ($6.79) price objective on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Societe Generale reissued a buy rating and issued a GBX 613 ($8.00) price objective on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Deutsche Bank AG boosted their price objective on Amec Foster Wheeler PLC from GBX 470 ($6.13) to GBX 500 ($6.53) and gave the stock a hold rating in a research note on Wednesday, August 10th. Finally, Goldman Sachs Group Inc. reissued a buy rating on shares of Amec Foster Wheeler PLC in a research note on Friday, June 3rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 515.82 ($6.73).
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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