Royal Bank Of Canada started coverage on shares of Amec Foster Wheeler PLC (LON:AMEC) in a report published on Tuesday morning. The firm issued a sector performer rating and a GBX 650 ($8.04) target price on the stock.

A number of other equities research analysts also recently weighed in on the stock. Credit Suisse Group AG restated an underperform rating and issued a GBX 450 ($5.57) price target on shares of Amec Foster Wheeler PLC in a research note on Friday, October 7th. Macquarie raised their price target on shares of Amec Foster Wheeler PLC from GBX 430 ($5.32) to GBX 460 ($5.69) and gave the company an underperform rating in a research note on Friday, September 30th. BNP Paribas restated a neutral rating and issued a GBX 530 ($6.56) price target on shares of Amec Foster Wheeler PLC in a research note on Tuesday, September 20th. Barclays PLC restated an overweight rating on shares of Amec Foster Wheeler PLC in a research note on Monday, September 12th. Finally, Morgan Stanley upgraded shares of Amec Foster Wheeler PLC to an overweight rating and raised their price target for the company from GBX 500 ($6.19) to GBX 700 ($8.66) in a research note on Friday, August 26th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Amec Foster Wheeler PLC presently has an average rating of Hold and an average target price of GBX 525.48 ($6.50).

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

About Amec Foster Wheeler PLC

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.

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