Raymond James Financial, Inc. upgraded shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) from a market perform rating to an outperform rating in a report published on Wednesday.

Several other research firms also recently commented on AMFW. Wood & Company upgraded shares of AMEC Foster Wheeler plc American Depositary Shares to an outperform rating in a research note on Wednesday, March 15th. Citigroup Inc restated a neutral rating on shares of AMEC Foster Wheeler plc American Depositary Shares in a research note on Wednesday, March 15th. Societe Generale upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a hold rating to a buy rating in a research note on Thursday, January 19th. Finally, Exane BNP Paribas cut shares of AMEC Foster Wheeler plc American Depositary Shares from a neutral rating to an underperform rating in a research report on Monday, November 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Hold.

Shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) opened at 6.19 on Wednesday. AMEC Foster Wheeler plc American Depositary Shares has a 12 month low of $4.96 and a 12 month high of $7.82. The firm’s market capitalization is $2.37 billion. The firm’s 50-day moving average price is $5.71 and its 200 day moving average price is $6.12.

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A hedge fund recently raised its stake in AMEC Foster Wheeler plc American Depositary Shares stock. Timber Hill LLC raised its position in shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) by 10.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 19,936 shares of the company’s stock after buying an additional 1,831 shares during the period. Timber Hill LLC’s holdings in AMEC Foster Wheeler plc American Depositary Shares were worth $148,000 at the end of the most recent reporting period.

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