Amec Foster Wheeler PLC (AMEC) Receives “Neutral” Rating from BNP Paribas
AMEC has been the subject of several other research reports. Deutsche Bank AG lifted their price target on Amec Foster Wheeler PLC from GBX 470 ($6.13) to GBX 500 ($6.53) and gave the stock a hold rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. dropped their price target on Amec Foster Wheeler PLC from GBX 619 ($8.08) to GBX 540 ($7.05) and set an overweight rating for the company in a research report on Thursday, June 16th. Barclays PLC reiterated an overweight rating on shares of Amec Foster Wheeler PLC in a research report on Wednesday, August 10th. Morgan Stanley upgraded Amec Foster Wheeler PLC to an overweight rating and lifted their price target for the stock from GBX 500 ($6.53) to GBX 700 ($9.14) in a research report on Friday, August 26th. Finally, Jefferies Group reiterated an underperform rating and issued a GBX 310 ($4.05) price target on shares of Amec Foster Wheeler PLC in a research report on Tuesday, May 31st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 515.82 ($6.73).
Amec Foster Wheeler PLC Company Profile
Amec Foster Wheeler plc operates across the oil and gas value chain from production to refining, processing and distribution of derivative products in oil and gas, mining, clean energy, and the environment and infrastructure markets. The Company’s segments include Americas; Northern Europe and CIS (NECIS); Asia, Middle East, Africa and Southern Europe (AMEASE); Global Power Group, and Investment Services.
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