Raymond James Financial, Inc. Trims John Wood Group PLC (WG) Target Price to GBX 670
John Wood Group PLC (LON:WG) had its price target reduced by Raymond James Financial, Inc. from GBX 770 ($10.00) to GBX 670 ($8.70) in a report published on Thursday. They currently have an outperform rating on the stock.
A number of other research firms also recently issued reports on WG. Deutsche Bank AG decreased their price target 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 note on Friday, May 19th. UBS AG decreased their price target 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 note on Thursday, May 11th. Macquarie raised shares of John Wood Group PLC to an outperform rating and upped their price target for the company from GBX 810 ($10.52) to GBX 965 ($12.53) in a research note on Wednesday, May 24th. Citigroup Inc. reaffirmed a neutral rating on shares of John Wood Group PLC in a research note on Monday, May 15th. Finally, Jefferies Group LLC decreased their price target 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 note on Monday, June 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 822.53 ($10.68).
John Wood Group PLC (LON WG) opened at 568.00 on Thursday. The stock’s 50 day moving average is GBX 603.01 and its 200-day moving average is GBX 710.27. The firm’s market cap is GBX 2.12 billion. John Wood Group PLC has a one year low of GBX 559.00 and a one year high of GBX 909.00.
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The business also recently declared a dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st will be issued a $0.11 dividend. This represents a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, August 31st.
In other news, insider David Kemp sold 13,204 shares of the company’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of GBX 689 ($8.94), for a total value of £90,975.56 ($118,104.06).
John Wood Group PLC Company Profile
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