Credit Suisse Group AG began coverage on shares of AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) in a research note released on Monday morning. The firm issued an underperform rating on the stock.

Other equities research analysts have also recently issued reports about the company. Citigroup Inc. cut AMEC Foster Wheeler plc American Depositary Shares from a buy rating to a neutral rating in a research report on Tuesday, July 5th. Bank of America Corp. raised AMEC Foster Wheeler plc American Depositary Shares from a neutral rating to a buy rating in a research report on Friday, September 2nd. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of Hold.

Shares of AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) opened at 7.15 on Monday. The company’s market capitalization is $2.74 billion. AMEC Foster Wheeler plc American Depositary Shares has a 12 month low of $4.57 and a 12 month high of $12.75. The stock’s 50 day moving average price is $6.97 and its 200 day moving average price is $6.59.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Squarepoint Ops LLC purchased a new position in shares of AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at about $134,000. Geode Capital Management LLC bought a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter worth $200,000. Barclays PLC boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 3,128.2% in the first quarter. Barclays PLC now owns 43,097 shares of the company’s stock worth $259,000 after buying an additional 41,762 shares during the last quarter. Bessemer Group Inc. bought a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter worth $448,000. Finally, Renaissance Technologies LLC boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 113.7% in the first quarter. Renaissance Technologies LLC now owns 150,000 shares of the company’s stock worth $960,000 after buying an additional 79,800 shares during the last quarter.

AMEC Foster Wheeler plc American Depositary Shares Company Profile

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