Investment analysts at Royal Bank Of Canada began coverage on shares of Amec Foster Wheeler PLC (LON:AMFW) in a research report issued on Tuesday. The brokerage set a “sector performer” rating and a GBX 650 ($8.04) price target on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 4.92% from the company’s previous close.

A number of other analysts have also recently commented on AMFW. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 520 ($6.44) target price on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 10th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 600 ($7.43) target price on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 24th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 700 ($8.66) target price on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 10th. Societe Generale reaffirmed a “buy” rating and set a GBX 613 ($7.59) target price on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 10th. Finally, Deutsche Bank AG upped their target price on shares of Amec Foster Wheeler PLC from GBX 470 ($5.82) to GBX 500 ($6.19) and gave the company a “hold” rating in a report on Wednesday, August 10th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 527.79 ($6.53).

Analyst Recommendations for Amec Foster Wheeler PLC (LON:AMFW)

Shares of Amec Foster Wheeler PLC (LON:AMFW) opened at 622.50 on Tuesday. The firm has a 50-day moving average of GBX 562.94 and a 200 day moving average of GBX 488.40. The company’s market capitalization is GBX 2.38 billion. Amec Foster Wheeler PLC has a 1-year low of GBX 321.60 and a 1-year high of GBX 841.50.

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Thursday, November 24th will be given a dividend of GBX 7.40 ($0.09) per share. The ex-dividend date of this dividend is Thursday, November 24th. This represents a yield of 1.37%.

Amec Foster Wheeler PLC Company Profile

Amec Foster Wheeler plc operates across the oil and gas value chain from production to refining, processing and distribution of derivative products in oil and gas, mining, clean energy, and the environment and infrastructure markets. The Company’s segments include Americas; Northern Europe and CIS (NECIS); Asia, Middle East, Africa and Southern Europe (AMEASE); Global Power Group, and Investment Services.

Receive News & Stock Ratings for Amec Foster Wheeler PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amec Foster Wheeler PLC and related stocks with our FREE daily email newsletter.