John Wood Group (WG) Earns “Overweight” Rating from J P Morgan Chase & Co
J P Morgan Chase & Co reissued their overweight rating on shares of John Wood Group (LON:WG) in a research note released on Thursday morning. J P Morgan Chase & Co currently has a GBX 780 ($10.50) target price on the stock.
Several other analysts have also recently weighed in on WG. Credit Suisse Group lowered their price target on John Wood Group from GBX 875 ($11.78) to GBX 865 ($11.64) and set an outperform rating on the stock in a report on Wednesday. Macquarie lowered their price target on John Wood Group from GBX 965 ($12.99) to GBX 835 ($11.24) and set an outperform rating on the stock in a report on Wednesday, August 30th. Jefferies Group reaffirmed an underperform rating and issued a GBX 500 ($6.73) price target on shares of John Wood Group in a report on Monday, December 11th. Barclays reaffirmed an underweight rating and issued a GBX 730 ($9.83) price target on shares of John Wood Group in a report on Thursday, October 19th. Finally, Numis Securities reaffirmed a buy rating and issued a GBX 820 ($11.04) price target on shares of John Wood Group in a report on Wednesday, August 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 796.41 ($10.72).
Shares of John Wood Group (LON:WG) opened at GBX 620.50 ($8.35) on Thursday. John Wood Group has a 1-year low of GBX 553 ($7.44) and a 1-year high of GBX 909 ($12.23).
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About John Wood Group
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