John Wood Group PLC (WG) PT Raised to GBX 680 at Macquarie
John Wood Group PLC (LON:WG) had its price objective raised by Macquarie from GBX 540 ($7.05) to GBX 680 ($8.88) in a research note issued on Friday. The brokerage currently has a “neutral” rating on the stock. Macquarie’s price objective would indicate a potential downside of 11.63% from the company’s previous close.
A number of other equities research analysts also recently issued reports on WG. Goldman Sachs Group Inc. restated a “conviction sell” rating and set a GBX 618.50 ($8.07) price objective on shares of John Wood Group PLC in a research report on Friday, June 3rd. Jefferies Group started coverage on John Wood Group PLC in a research report on Wednesday, June 15th. They set a “buy” rating and a GBX 750 ($9.79) price objective on the stock. JPMorgan Chase & Co. upgraded John Wood Group PLC to a “neutral” rating and upped their price objective for the company from GBX 553 ($7.22) to GBX 600 ($7.83) in a research report on Thursday, June 16th. BNP Paribas restated a “neutral” rating and set a GBX 695 ($9.07) price objective on shares of John Wood Group PLC in a research report on Monday, June 27th. Finally, Beaufort Securities restated a “buy” rating on shares of John Wood Group PLC in a research report on Friday, July 1st. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 686.67 ($8.96).
Shares of John Wood Group PLC (LON:WG) opened at 769.50 on Friday. John Wood Group PLC has a 52-week low of GBX 522.85 and a 52-week high of GBX 784.50. The company’s 50 day moving average price is GBX 718.56 and its 200 day moving average price is GBX 662.34. The company’s market capitalization is GBX 2.86 billion.
In related news, insider Jann M. Brown bought 1,101 shares of the company’s stock in a transaction on Wednesday, September 28th. The shares were acquired at an average price of GBX 730 ($9.53) per share, with a total value of £8,037.30 ($10,491.19).
John Wood Group PLC Company Profile
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