John Wood Group (LON:WG)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity in a research report issued on Friday. They currently have a GBX 800 ($11.05) target price on the stock. Canaccord Genuity’s price objective points to a potential upside of 38.17% from the stock’s previous close.

Several other analysts also recently commented on the company. Credit Suisse Group lowered their price objective on John Wood Group from GBX 865 ($11.95) to GBX 750 ($10.36) and set an “outperform” rating for the company in a research note on Thursday. Numis Securities raised John Wood Group to a “buy” rating and lowered their price objective for the stock from GBX 780 ($10.78) to GBX 740 ($10.22) in a research note on Wednesday. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 750 ($10.36) price objective on shares of John Wood Group in a research note on Wednesday. Barclays reissued an “underweight” rating and issued a GBX 730 ($10.09) price objective on shares of John Wood Group in a research note on Wednesday, January 17th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 800 ($11.05) price objective on shares of John Wood Group in a research note on Wednesday, December 20th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 782 ($10.80).

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Shares of John Wood Group (WG) traded up GBX 11.20 ($0.15) during trading on Friday, hitting GBX 579 ($8.00). The stock had a trading volume of 1,644,169 shares, compared to its average volume of 2,500,000. The stock has a market capitalization of $4,320.00 and a P/E ratio of -28,950.00. John Wood Group has a 12-month low of GBX 553 ($7.64) and a 12-month high of GBX 830 ($11.47).

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John Wood Group Company Profile

John Wood Group PLC is a United Kingdom-based energy services company. The Company provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil and gas and power generation industries. It operates through two segments: Wood Group Engineering segment, which provides a range of engineering services, such as conceptual studies, engineering, project and construction management, and control system upgrades, to the upstream, subsea and pipeline, downstream, chemical process and industrial, and clean energy sectors, and Wood Group PSN segment, which provides production services to the upstream, midstream, downstream and industrial sectors through brownfield engineering and modifications, production enhancement, operations and maintenance, facility construction and maintenance management, industrial services, training and decommissioning services, and turbine activities.

Analyst Recommendations for John Wood Group (LON:WG)

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