John Wood Group PLC (WG) Given “Outperform” Rating at Sanford C. Bernstein
John Wood Group PLC (LON:WG)‘s stock had its “outperform” rating reiterated by Sanford C. Bernstein in a report issued on Thursday. They currently have a GBX 1,000 ($12.95) price objective on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 56.99% from the company’s current price.
Other equities research analysts have also issued research reports about the stock. Numis Securities Ltd reduced their price objective on shares of John Wood Group PLC from GBX 929 ($12.03) to GBX 820 ($10.62) and set a “buy” rating for the company in a research note on Friday, June 30th. Jefferies Group LLC reduced their price objective on shares of John Wood Group PLC from GBX 600 ($7.77) to GBX 540 ($6.99) and set an “underweight” rating for the company in a research note on Friday, June 30th. HSBC Holdings plc reaffirmed a “neutral” rating and issued a GBX 875 ($11.33) price objective on shares of John Wood Group PLC in a research note on Tuesday, March 14th. Macquarie raised shares of John Wood Group PLC to an “outperform” rating and lifted their price objective for the company from GBX 810 ($10.49) to GBX 965 ($12.50) in a research note on Wednesday, May 24th. Finally, Royal Bank Of Canada reduced their price objective on shares of John Wood Group PLC from GBX 980 ($12.69) to GBX 750 ($9.72) and set an “outperform” rating for the company in a research note on Friday, June 30th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 812.46 ($10.52).
John Wood Group PLC (LON:WG) traded down 1.65% on Thursday, reaching GBX 626.50. The company’s stock had a trading volume of 1,015,071 shares. The stock has a 50 day moving average price of GBX 708.11 and a 200-day moving average price of GBX 782.58. The company’s market capitalization is GBX 2.33 billion. John Wood Group PLC has a 1-year low of GBX 625.00 and a 1-year high of GBX 909.00.
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In other news, insider David Kemp sold 13,204 shares of John Wood Group PLC stock in a transaction dated Monday, June 12th. The shares were sold at an average price of GBX 689 ($8.92), for a total value of £90,975.56 ($117,843.99).
John Wood Group PLC Company Profile
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