WS Atkins PLC (ATK) Receives Overweight Rating from JPMorgan Chase & Co.
WS Atkins PLC (LON:ATK)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a research report issued on Thursday. They currently have a GBX 1,650 ($21.54) price objective on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 4.17% from the stock’s previous close.
A number of other research analysts have also recently issued reports on the company. Liberum Capital lifted their price target on WS Atkins PLC from GBX 1,350 ($17.62) to GBX 1,480 ($19.32) and gave the company a “buy” rating in a report on Tuesday, August 2nd. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 1,575 ($20.56) price target on shares of WS Atkins PLC in a report on Tuesday, August 2nd. Peel Hunt reaffirmed an “add” rating and issued a GBX 1,634 ($21.33) price target on shares of WS Atkins PLC in a report on Friday, September 16th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a GBX 1,360 ($17.75) price target on shares of WS Atkins PLC in a report on Thursday, August 25th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 1,511.56 ($19.73).
Shares of WS Atkins PLC (LON:ATK) opened at 1584.00 on Thursday. The stock has a 50 day moving average of GBX 1,542.81 and a 200-day moving average of GBX 1,404.93. WS Atkins PLC has a 52-week low of GBX 1,110.00 and a 52-week high of GBX 1,677.00. The stock’s market capitalization is GBX 1.54 billion.
In related news, insider Heath Drewett sold 1,470 shares of WS Atkins PLC stock in a transaction dated Monday, September 26th. The stock was sold at an average price of GBX 1,542 ($20.13), for a total value of £22,667.40 ($29,588.04).
About WS Atkins PLC
WS Atkins plc is a United Kingdom-based design, engineering and project management consultancy. In the United Kingdom and Europe, the Company delivers engineering and technically integrated design, together with project and cost management services. Its areas of operation include aerospace, defense, education, environment, infrastructure design, transportation and water.
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