AMEC PT Lowered to $20.14 (AMEC)
Analysts at Nomura lowered their price target on shares of AMEC (LON: AMEC) from $20.76 (1340 GBX) to $20.14 (1300 GBX) in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock.
AMEC has been the subject of a number of other recent research reports. Analysts at Liberum Capital cut their price target on shares of AMEC from $17.94 to $17.59 in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of AMEC in a research note to investors on Thursday. They now have a $20.19 price target on the stock. Finally, analysts at BNP Paribas initiated coverage on shares of AMEC in a research note to investors on Tuesday. They set an “underperform” rating and a $17.85 price target on the stock.
Shares of AMEC traded down 1.54% during mid-day trading on Friday, hitting GBX 1026.00. AMEC has a one year low of GBX 914.0001 and a one year high of GBX 1189.00. The stock’s 50-day moving average is currently GBX 1139.. The company’s market cap is £3.313 billion.
AMEC plc (AMEC) is a provider of consultancy, engineering and project management services to its customers in the world’s oil and gas, minerals and metals, clean energy, environment and infrastructure markets.
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