John Wood Group PLC (WG) Downgraded by Numis Securities Ltd
Several other brokerages also recently commented on WG. J P Morgan Chase & Co raised shares of John Wood Group PLC to an overweight rating and set a GBX 810 ($10.65) target price for the company in a research note on Thursday, October 12th. Jefferies Group LLC reaffirmed an underperform rating and issued a GBX 500 ($6.58) target price on shares of John Wood Group PLC in a research note on Monday, October 9th. Barclays PLC reiterated an underweight rating and issued a GBX 730 ($9.60) price target on shares of John Wood Group PLC in a report on Thursday, October 19th. Citigroup Inc. reiterated a neutral rating and issued a GBX 700 ($9.21) price target on shares of John Wood Group PLC in a report on Tuesday, October 17th. Finally, Credit Suisse Group reiterated an outperform rating and issued a GBX 875 ($11.51) price target on shares of John Wood Group PLC in a report on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 800.86 ($10.53).
John Wood Group PLC (WG) traded up GBX 2 ($0.03) on Tuesday, hitting GBX 686 ($9.02). 2,760,000 shares of the company were exchanged, compared to its average volume of 5,370,000. John Wood Group PLC has a twelve month low of GBX 553 ($7.27) and a twelve month high of GBX 909 ($11.96).
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In related news, insider David Kemp sold 6,615 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of GBX 714 ($9.39), for a total transaction of £47,231.10 ($62,121.66).
About John Wood Group PLC
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