AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Wednesday.

Several other research firms have also issued reports on AMFW. Zacks Investment Research upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a “sell” rating to a “hold” rating in a research report on Tuesday, May 23rd. Macquarie upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a “neutral” rating to an “outperform” rating in a research report on Wednesday, May 24th. Finally, Numis Securities Ltd upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “buy” rating in a research report on Tuesday, July 4th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold”.

Shares of AMEC Foster Wheeler plc American Depositary Shares (AMFW) opened at 6.11 on Wednesday. The stock has a 50 day moving average of $5.60 and a 200-day moving average of $6.20. AMEC Foster Wheeler plc American Depositary Shares has a 52 week low of $4.96 and a 52 week high of $7.70. The firm’s market cap is $2.33 billion.

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A number of hedge funds and other institutional investors have recently bought and sold shares of AMFW. Jane Street Group LLC grew its position in AMEC Foster Wheeler plc American Depositary Shares by 75.0% in the 1st quarter. Jane Street Group LLC now owns 402,770 shares of the company’s stock worth $2,654,000 after purchasing an additional 172,607 shares during the last quarter. Renaissance Technologies LLC grew its position in AMEC Foster Wheeler plc American Depositary Shares by 69.7% in the 1st quarter. Renaissance Technologies LLC now owns 329,300 shares of the company’s stock worth $2,170,000 after purchasing an additional 135,200 shares during the last quarter. Envestnet Asset Management Inc. grew its position in AMEC Foster Wheeler plc American Depositary Shares by 74.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 289,649 shares of the company’s stock worth $1,908,000 after purchasing an additional 123,332 shares during the last quarter. World Asset Management Inc acquired a new stake in AMEC Foster Wheeler plc American Depositary Shares in the 2nd quarter worth $138,000. Finally, Comerica Bank acquired a new stake in AMEC Foster Wheeler plc American Depositary Shares in the 2nd quarter worth $118,000.

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

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