John Wood Group PLC (LON:WG) Receives Consensus Recommendation of “Hold” from Analysts
John Wood Group PLC (LON:WG) has received an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the stock. Three equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 677.08 ($8.84).
WG has been the topic of several recent research reports. Deutsche Bank AG initiated coverage on John Wood Group PLC in a research report on Monday, July 11th. They set a “buy” rating and a GBX 800 ($10.44) price target on the stock. JPMorgan Chase & Co. upgraded John Wood Group PLC to a “neutral” rating and raised their price target for the stock from GBX 553 ($7.22) to GBX 600 ($7.83) in a research report on Thursday, June 16th. Morgan Stanley raised their price target on John Wood Group PLC from GBX 800 ($10.44) to GBX 900 ($11.75) and gave the stock an “overweight” rating in a research report on Wednesday, August 17th. Beaufort Securities restated a “buy” rating on shares of John Wood Group PLC in a research report on Wednesday, August 17th. Finally, Jefferies Group restated a “buy” rating and set a GBX 750 ($9.79) price target on shares of John Wood Group PLC in a research report on Wednesday, July 13th.
Shares of John Wood Group PLC (LON:WG) traded down 0.19% during trading on Wednesday, reaching GBX 774.00. The company’s stock had a trading volume of 604,174 shares. The stock’s market cap is GBX 2.87 billion. The stock’s 50 day moving average price is GBX 720.19 and its 200-day moving average price is GBX 662.83. John Wood Group PLC has a 52-week low of GBX 522.85 and a 52-week high of GBX 786.50.
In related news, insider Jann M. Brown acquired 1,101 shares of the stock in a transaction on Wednesday, September 28th. The stock was acquired at an average price of GBX 730 ($9.53) per share, for a total transaction of £8,037.30 ($10,491.19).
About John Wood Group PLC
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