John Wood Group (WG) Given New GBX 865 Price Target at Credit Suisse Group
John Wood Group (LON:WG) had its price objective reduced by Credit Suisse Group from GBX 875 ($11.78) to GBX 865 ($11.64) in a research report sent to investors on Wednesday morning. They currently have an outperform rating on the stock.
WG has been the topic of a number of other research reports. J P Morgan Chase & Co raised shares of John Wood Group to an overweight rating and set a GBX 810 ($10.90) price objective on the stock in a report on Thursday, October 12th. Jefferies Group decreased their price objective on shares of John Wood Group from GBX 540 ($7.27) to GBX 500 ($6.73) and set an underperform rating on the stock in a report on Wednesday, September 6th. Morgan Stanley reissued an overweight rating and set a GBX 960 ($12.92) price objective on shares of John Wood Group in a report on Monday, October 2nd. Numis Securities reissued a buy rating and set a GBX 820 ($11.04) price objective on shares of John Wood Group in a report on Tuesday, September 12th. Finally, downgraded shares of John Wood Group to an add rating and set a GBX 820 ($11.04) price objective on the stock. in a report on Tuesday, November 14th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 796.41 ($10.72).
Shares of John Wood Group (WG) traded down GBX 8.50 ($0.11) during trading hours on Wednesday, hitting GBX 621 ($8.36). 4,405,017 shares of the stock traded hands, compared to its average volume of 3,290,000. John Wood Group has a 1-year low of GBX 553 ($7.44) and a 1-year high of GBX 909 ($12.23).
In other news, insider David Kemp sold 6,615 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of GBX 714 ($9.61), for a total value of £47,231.10 ($63,568.10).
About John Wood Group
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