Amec Foster Wheeler PLC (LON:AMFW) announced a dividend on Tuesday, August 9th. Investors of record on Thursday, November 24th will be given a dividend of GBX 7.40 ($0.09) per share on Wednesday, January 4th. This represents a yield of 1.37%. The ex-dividend date of this dividend is Thursday, November 24th. The official announcement can be seen at this link.

Shares of Amec Foster Wheeler PLC (LON:AMFW) opened at 433.20 on Friday. The company’s 50-day moving average is GBX 519.80 and its 200-day moving average is GBX 494.44. Amec Foster Wheeler PLC has a 1-year low of GBX 321.60 and a 1-year high of GBX 631.00. The stock’s market cap is GBX 1.66 billion.

AMFW has been the subject of a number of recent research reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 520 ($6.50) price target (down from GBX 540 ($6.75)) on shares of Amec Foster Wheeler PLC in a research report on Tuesday, July 26th. Societe Generale reaffirmed a “buy” rating and set a GBX 613 ($7.66) target price on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 10th. Deutsche Bank AG lifted their target price on shares of Amec Foster Wheeler PLC from GBX 470 ($5.87) to GBX 500 ($6.25) and gave the company a “hold” rating in a report on Wednesday, August 10th. Barclays PLC reaffirmed an “overweight” rating on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 10th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 700 ($8.75) target price on shares of Amec Foster Wheeler PLC in a report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 492.82 ($6.16).

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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