Numis Securities Ltd Reaffirms Buy Rating for John Wood Group PLC (WG)
Numis Securities Ltd reiterated their buy rating on shares of John Wood Group PLC (LON:WG) in a research report released on Wednesday morning. They currently have a GBX 820 ($10.65) price target on the stock.
A number of other brokerages have also commented on WG. UBS AG cut their price objective on shares of John Wood Group PLC from GBX 875 ($11.36) to GBX 825 ($10.71) and set a neutral rating on the stock in a research report on Thursday, May 11th. Citigroup Inc. reissued a neutral rating on shares of John Wood Group PLC in a research report on Monday, May 15th. Deutsche Bank AG cut their price objective on shares of John Wood Group PLC from GBX 900 ($11.68) to GBX 850 ($11.03) and set a buy rating on the stock in a research report on Friday, May 19th. Macquarie raised shares of John Wood Group PLC to an outperform rating and boosted their price objective for the stock from GBX 810 ($10.52) to GBX 965 ($12.53) in a research report on Wednesday, May 24th. Finally, Jefferies Group LLC cut their price objective on shares of John Wood Group PLC from GBX 650 ($8.44) to GBX 600 ($7.79) and set an underperform rating on the stock in a research report on Monday, June 12th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 822.53 ($10.68).
Shares of John Wood Group PLC (LON:WG) opened at 568.00 on Wednesday. John Wood Group PLC has a 52 week low of GBX 559.00 and a 52 week high of GBX 909.00. The stock’s 50 day moving average is GBX 603.01 and its 200 day moving average is GBX 710.27. The stock’s market capitalization is GBX 2.12 billion.
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The company also recently declared a dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.11 per share. This represents a yield of 1.53%. The ex-dividend date is Thursday, August 31st.
In other John Wood Group PLC news, insider David Kemp sold 13,204 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of GBX 689 ($8.94), for a total transaction of £90,975.56 ($118,104.06).
John Wood Group PLC Company Profile
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