Peel Hunt Reaffirms “Add” Rating for WS Atkins PLC (ATK)
Several other brokerages have also recently issued reports on ATK. Jefferies Group reaffirmed a hold rating and set a GBX 1,360 ($17.75) price objective on shares of WS Atkins PLC in a report on Thursday, August 25th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 1,440 ($18.80) price target on shares of WS Atkins PLC in a report on Wednesday, August 3rd. Numis Securities Ltd reissued a buy rating and issued a GBX 1,575 ($20.56) price target on shares of WS Atkins PLC in a report on Tuesday, August 2nd. Liberum Capital boosted their price target on WS Atkins PLC from GBX 1,350 ($17.62) to GBX 1,480 ($19.32) and gave the stock a buy rating in a report on Tuesday, August 2nd. Finally, Panmure Gordon reissued a buy rating and issued a GBX 1,630 ($21.28) price target on shares of WS Atkins PLC in a report on Thursday, June 16th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of Buy and an average target price of GBX 1,454.40 ($18.98).
WS Atkins PLC (LON:ATK) opened at 1551.00 on Friday. The company’s 50-day moving average price is GBX 1,512.30 and its 200-day moving average price is GBX 1,383.89. The stock’s market capitalization is GBX 1.51 billion. WS Atkins PLC has a one year low of GBX 1,110.00 and a one year high of GBX 1,677.00.
In related news, insider Drewett,Heath sold 10,781 shares of the company’s stock in a transaction on Friday, July 1st. The stock was sold at an average price of GBX 1,334 ($17.41), for a total value of £143,818.54 ($187,728.16). Also, insider Krueger,Uwe sold 8,569 shares of the company’s stock in a transaction on Monday, June 27th. The shares were sold at an average price of GBX 1,232 ($16.08), for a total value of £105,570.08 ($137,801.96).
About WS Atkins PLC
WS Atkins plc is a United Kingdom-based design, engineering and project management consultancy. In the United Kingdom and Europe, the Company delivers engineering and technically integrated design, together with project and cost management services. Its areas of operation include aerospace, defense, education, environment, infrastructure design, transportation and water.
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