Canaccord Genuity Group Reiterates Buy Rating for John Wood Group (LON:WG)

Canaccord Genuity Group reaffirmed their buy rating on shares of John Wood Group (LON:WGFree Report) in a report issued on Tuesday morning, Digital Look reports. The brokerage currently has a GBX 250 ($3.27) target price on the stock.

Separately, Berenberg Bank restated a hold rating and set a GBX 150 ($1.96) price target on shares of John Wood Group in a research note on Friday, August 23rd.

Read Our Latest Research Report on WG

John Wood Group Trading Down 0.3 %

LON:WG opened at GBX 128.10 ($1.68) on Tuesday. John Wood Group has a 52 week low of GBX 117.67 ($1.54) and a 52 week high of GBX 213.20 ($2.79). The firm has a 50 day moving average of GBX 131.84 and a 200 day moving average of GBX 161.79. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 66.76. The stock has a market capitalization of £880.67 million, a price-to-earnings ratio of -111.74, a PEG ratio of 0.33 and a beta of 1.36.

Insider Transactions at John Wood Group

In other John Wood Group news, insider Birgitte Brinch Madsen acquired 15,000 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were purchased at an average price of GBX 132 ($1.73) per share, for a total transaction of £19,800 ($25,912.84). In other news, insider Birgitte Brinch Madsen purchased 15,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were bought at an average price of GBX 132 ($1.73) per share, for a total transaction of £19,800 ($25,912.84). Also, insider Ken Gilmartin purchased 5,114 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were purchased at an average price of GBX 131 ($1.71) per share, for a total transaction of £6,699.34 ($8,767.62). Insiders have acquired 28,411 shares of company stock worth $3,982,826 over the last 90 days. 1.81% of the stock is currently owned by company insiders.

About John Wood Group

(Get Free Report)

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.

Featured Articles

Receive News & Ratings for John Wood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wood Group and related companies with MarketBeat.com's FREE daily email newsletter.