John Wood Group PLC (WG) Downgraded by
John Wood Group PLC (LON:WG) was downgraded by research analysts at to an “add” rating in a report released on Tuesday. They currently have a GBX 820 ($10.79) price objective on the stock. ‘s price objective would suggest a potential upside of 20.50% from the stock’s current price.
Several other equities analysts have also recently weighed in on the company. Numis Securities Ltd cut John Wood Group PLC to an “add” rating and set a GBX 820 ($10.79) price objective for the company. in a research report on Tuesday. Credit Suisse Group reissued an “outperform” rating and set a GBX 875 ($11.51) price objective on shares of John Wood Group PLC in a research report on Thursday, October 26th. Barclays PLC reissued an “underweight” rating and set a GBX 730 ($9.60) price objective on shares of John Wood Group PLC in a research report on Thursday, October 19th. Citigroup Inc. reissued a “neutral” rating and set a GBX 700 ($9.21) price objective on shares of John Wood Group PLC in a research report on Tuesday, October 17th. Finally, J P Morgan Chase & Co raised John Wood Group PLC to an “overweight” rating and set a GBX 810 ($10.65) price objective for the company in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 800.86 ($10.53).
John Wood Group PLC (WG) opened at GBX 680.50 ($8.95) on Tuesday. John Wood Group PLC has a 12-month low of GBX 553 ($7.27) and a 12-month high of GBX 909 ($11.96).
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In other news, insider David Kemp sold 6,615 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of GBX 714 ($9.39), for a total value of £47,231.10 ($62,121.66).
About John Wood Group PLC
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