AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

A number of other analysts have also recently weighed in on the company. Zacks Investment Research cut AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “sell” rating in a research report on Thursday, September 7th. Numis Securities Ltd upgraded AMEC Foster Wheeler plc American Depositary Shares from a “hold” rating to a “buy” rating in a research report on Tuesday, July 4th. Finally, Macquarie upgraded AMEC Foster Wheeler plc American Depositary Shares from a “neutral” rating to an “outperform” rating in a research report on Wednesday, May 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold”.

AMEC Foster Wheeler plc American Depositary Shares (AMFW) opened at 6.11 on Tuesday. The stock’s 50 day moving average price is $5.61 and its 200 day moving average price is $6.21. AMEC Foster Wheeler plc American Depositary Shares has a one year low of $4.96 and a one year high of $7.70. The stock’s market cap is $2.33 billion.

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Institutional investors and hedge funds have recently made changes to their positions in the business. Comerica Bank purchased a new stake in shares of AMEC Foster Wheeler plc American Depositary Shares during the 2nd quarter worth approximately $118,000. World Asset Management Inc purchased a new stake in shares of AMEC Foster Wheeler plc American Depositary Shares during the 2nd quarter worth approximately $138,000. Capstone Asset Management Co. boosted its stake in shares of AMEC Foster Wheeler plc American Depositary Shares by 19.2% during the 1st quarter. Capstone Asset Management Co. now owns 43,260 shares of the company’s stock worth $285,000 after acquiring an additional 6,970 shares in the last quarter. Northern Trust Corp boosted its stake in shares of AMEC Foster Wheeler plc American Depositary Shares by 8.6% during the 2nd quarter. Northern Trust Corp now owns 192,085 shares of the company’s stock worth $1,156,000 after acquiring an additional 15,143 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of AMEC Foster Wheeler plc American Depositary Shares by 74.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 289,649 shares of the company’s stock worth $1,908,000 after acquiring an additional 123,332 shares in the last quarter.

Analyst Recommendations for AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW)

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