John Wood Group PLC (WG) Now Covered by Analysts at Credit Suisse Group AG
Credit Suisse Group AG initiated coverage on shares of John Wood Group PLC (LON:WG) in a research report released on Monday morning. The brokerage issued an outperform rating and a GBX 850 ($11.10) price objective on the stock.
Several other brokerages also recently issued reports on WG. Deutsche Bank AG restated a buy rating and issued a GBX 800 ($10.44) price objective on shares of John Wood Group PLC in a research note on Thursday, August 11th. JPMorgan Chase & Co. upgraded shares of John Wood Group PLC to a neutral rating and raised their price objective for the stock from GBX 553 ($7.22) to GBX 600 ($7.83) in a research note on Thursday, June 16th. Beaufort Securities restated a buy rating on shares of John Wood Group PLC in a research note on Friday, July 1st. BNP Paribas upgraded shares of John Wood Group PLC to an outperform rating and raised their price objective for the stock from GBX 695 ($9.07) to GBX 815 ($10.64) in a research note on Monday, September 12th. Finally, Jefferies Group restated a buy rating and issued a GBX 750 ($9.79) price objective on shares of John Wood Group PLC in a research note on Wednesday, July 13th. Three analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. John Wood Group PLC currently has an average rating of Hold and a consensus price target of GBX 687.08 ($8.97).
John Wood Group PLC (LON:WG) opened at 740.00 on Monday. The firm’s market cap is GBX 2.75 billion. John Wood Group PLC has a 1-year low of GBX 522.85 and a 1-year high of GBX 754.50. The firm’s 50-day moving average is GBX 710.51 and its 200 day moving average is GBX 657.32.
In other John Wood Group PLC news, insider Kemp,David sold 2,028 shares of the company’s stock in a transaction that occurred on Thursday, June 30th. The stock was sold at an average price of GBX 675 ($8.81), for a total transaction of £13,689 ($17,868.42). Also, insider Brown,Jann M purchased 1,296 shares of John Wood Group PLC stock in a transaction on Tuesday, June 28th. The shares were purchased at an average cost of GBX 643 ($8.39) per share, with a total value of £8,333.28 ($10,877.54).
About John Wood Group PLC
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