John Wood Group (LON:WG) was upgraded by equities research analysts at Credit Suisse to an “outperform” rating in a research note issued to investors on Wednesday, Stock Ratings News reports. The firm currently has a GBX 900 ($14.40) price objective on the stock, up from their previous price objective of GBX 850 ($13.60). Credit Suisse’s price target points to a potential upside of 11.11% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of John Wood Group in a research note to investors on Thursday. They now have a GBX 875 ($14.00) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of John Wood Group in a research note to investors on Tuesday. They now have a GBX 1,050 ($16.81) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of John Wood Group in a research note to investors on Tuesday. They now have a GBX 1,050 ($16.81) price target on the stock. Eight investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 934.88 ($14.96).
Shares of John Wood Group (LON:WG) traded down 0.25% during mid-day trading on Wednesday, hitting GBX 810.0001. The stock had a trading volume of 773,334 shares. John Wood Group has a one year low of GBX 632.00 and a one year high of GBX 927.0001. The stock has a 50-day moving average of GBX 797.6 and a 200-day moving average of GBX 826.9. The company’s market cap is £2.945 billion.
John Wood Group PLC is an international energy services company. It provides services to customers engaged in the oil & gas and power markets.
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