Royal Bank Of Canada started coverage on shares of AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) in a research note released on Tuesday morning. The brokerage issued a sector perform rating on the stock.

AMFW has been the subject of a number of other reports. Credit Suisse Group AG assumed coverage on shares of AMEC Foster Wheeler plc American Depositary Shares in a report on Monday, September 19th. They issued an underperform rating for the company. Bank of America Corp. upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a neutral rating to a buy rating in a report on Friday, September 2nd. Finally, Citigroup Inc. cut shares of AMEC Foster Wheeler plc American Depositary Shares from a buy rating to a neutral rating in a report on Tuesday, July 5th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. AMEC Foster Wheeler plc American Depositary Shares presently has a consensus rating of Hold.

Analyst Recommendations for AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW)

AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) traded down 2.39% on Tuesday, reaching $7.34. 13,828 shares of the company’s stock traded hands. The stock’s market cap is $2.81 billion. The company’s 50 day moving average is $7.31 and its 200-day moving average is $6.63. AMEC Foster Wheeler plc American Depositary Shares has a 52-week low of $4.57 and a 52-week high of $12.62.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMFW. Geode Capital Management LLC purchased a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at $200,000. Barclays PLC boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 3,128.2% in the first quarter. Barclays PLC now owns 43,097 shares of the company’s stock valued at $259,000 after buying an additional 41,762 shares during the period. Bessemer Group Inc. purchased a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at $448,000. Renaissance Technologies LLC boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 113.7% in the first quarter. Renaissance Technologies LLC now owns 150,000 shares of the company’s stock valued at $960,000 after buying an additional 79,800 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in AMEC Foster Wheeler plc American Depositary Shares by 234.7% in the first quarter. Goldman Sachs Group Inc. now owns 155,664 shares of the company’s stock valued at $996,000 after buying an additional 109,162 shares during the period.

5 Day Chart for NYSE:AMFW

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