John Wood Group PLC (WG) Receives Outperform Rating from Royal Bank Of Canada
John Wood Group PLC (LON:WG)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a note issued to investors on Tuesday. They currently have a GBX 920 ($11.39) price objective on the stock. Royal Bank Of Canada’s target price points to a potential upside of 14.93% from the stock’s previous close.
A number of other brokerages have also recently commented on WG. Jefferies Group began coverage on shares of John Wood Group PLC in a research note on Wednesday, June 15th. They issued a “buy” rating and a GBX 750 ($9.28) price objective for the company. JPMorgan Chase & Co. upgraded shares of John Wood Group PLC to a “neutral” rating and raised their target price for the stock from GBX 553 ($6.84) to GBX 600 ($7.43) in a report on Thursday, June 16th. Goldman Sachs Group Inc. restated a “sell” rating and issued a GBX 538.50 ($6.66) target price on shares of John Wood Group PLC in a report on Monday, June 27th. BNP Paribas restated a “neutral” rating and issued a GBX 695 ($8.60) target price on shares of John Wood Group PLC in a report on Monday, June 27th. Finally, Beaufort Securities restated a “buy” rating on shares of John Wood Group PLC in a report on Friday, July 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 699.63 ($8.66).
John Wood Group PLC (LON:WG) opened at 803.50 on Tuesday. The stock’s market cap is GBX 2.98 billion. John Wood Group PLC has a 12 month low of GBX 522.85 and a 12 month high of GBX 813.00. The company’s 50 day moving average is GBX 725.96 and its 200 day moving average is GBX 667.50.
In other news, insider Jann M. Brown acquired 1,101 shares of the business’s stock in a transaction dated Wednesday, September 28th. The shares were purchased at an average price of GBX 730 ($9.03) per share, with a total value of £8,037.30 ($9,947.15).
John Wood Group PLC Company Profile
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