Credit Suisse Group AG initiated coverage on shares of AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) in a research note issued to investors on Monday morning. The brokerage issued an underperform rating on the stock.

Several other analysts have also recently issued reports on AMFW. Bank of America Corp. raised shares of AMEC Foster Wheeler plc American Depositary Shares from a neutral rating to a buy rating in a report on Friday, September 2nd. Citigroup Inc. cut shares of AMEC Foster Wheeler plc American Depositary Shares from a buy rating to a neutral rating in a report on Tuesday, July 5th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of Hold.

AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) opened at 6.87 on Monday. The company has a 50 day moving average of $6.89 and a 200-day moving average of $6.58. The stock’s market capitalization is $2.63 billion. AMEC Foster Wheeler plc American Depositary Shares has a 52-week low of $4.57 and a 52-week high of $12.75.

Several institutional investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC purchased a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at approximately $134,000. Geode Capital Management LLC purchased a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at approximately $200,000. Barclays PLC raised its position in AMEC Foster Wheeler plc American Depositary Shares by 3,128.2% in the first quarter. Barclays PLC now owns 43,097 shares of the company’s stock valued at $259,000 after buying an additional 41,762 shares in the last quarter. Bessemer Group Inc. purchased a new position in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at approximately $448,000. Finally, Renaissance Technologies LLC raised its position in AMEC Foster Wheeler plc American Depositary Shares by 113.7% in the first quarter. Renaissance Technologies LLC now owns 150,000 shares of the company’s stock valued at $960,000 after buying an additional 79,800 shares in the last quarter.

AMEC Foster Wheeler plc American Depositary Shares Company Profile

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