Downgrades John Wood Group PLC (WG) to Add
John Wood Group PLC (LON:WG) was downgraded by to an “add” rating in a note issued to investors on Tuesday. They presently have a GBX 820 ($10.79) target price on the stock. ‘s target price indicates a potential upside of 20.06% from the company’s current price.
Other analysts also recently issued reports about the company. Numis Securities Ltd downgraded John Wood Group PLC to an “add” rating and set a GBX 820 ($10.79) price objective for the company. in a research note on Tuesday. Citigroup Inc. reissued a “neutral” rating and issued a GBX 700 ($9.21) price objective on shares of John Wood Group PLC in a research note on Tuesday, October 17th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 875 ($11.51) price objective on shares of John Wood Group PLC in a research note on Thursday, October 26th. Macquarie lowered their price objective on John Wood Group PLC from GBX 965 ($12.69) to GBX 835 ($10.98) and set an “outperform” rating for the company in a research note on Wednesday, August 30th. Finally, Raymond James Financial, Inc. lowered their price objective on John Wood Group PLC from GBX 770 ($10.13) to GBX 670 ($8.81) and set an “outperform” rating for the company in a research note on Thursday, August 24th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 800.86 ($10.53).
John Wood Group PLC (WG) opened at GBX 683 ($8.98) on Tuesday. John Wood Group PLC has a 52 week low of GBX 553 ($7.27) and a 52 week high of GBX 909 ($11.96).
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In other news, insider David Kemp sold 6,615 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of GBX 714 ($9.39), for a total value of £47,231.10 ($62,121.66).
John Wood Group PLC Company Profile
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