JPMorgan Chase reiterated their overweight rating on shares of John Wood Group (LON:WG) in a research note published on Monday morning.

WG has been the topic of several other reports. Credit Suisse Group reduced their price objective on John Wood Group from GBX 865 ($11.73) to GBX 750 ($10.17) and set an outperform rating on the stock in a research note on Thursday, March 22nd. Numis Securities reiterated a buy rating and issued a GBX 780 ($10.58) price objective on shares of John Wood Group in a research note on Monday, January 15th. Barclays reiterated an underweight rating and issued a GBX 730 ($9.90) price objective on shares of John Wood Group in a research note on Wednesday, January 17th. Morgan Stanley reiterated an overweight rating on shares of John Wood Group in a research note on Wednesday, March 28th. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 800 ($10.85) price objective on shares of John Wood Group in a research note on Friday, March 23rd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 767.50 ($10.41).

Shares of John Wood Group opened at GBX 685.68 ($9.30) on Monday, according to Marketbeat Ratings. John Wood Group has a 12-month low of GBX 553 ($7.50) and a 12-month high of GBX 830 ($11.26).

The firm also recently declared a dividend, which will be paid on Thursday, May 17th. Shareholders of record on Thursday, April 19th will be paid a $0.23 dividend. The ex-dividend date is Thursday, April 19th. This is a boost from John Wood Group’s previous dividend of $0.11. This represents a yield of 2.85%.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, provides engineering, procurement, construction, and maintenance services to the oil and gas, and power generation industries in the United Kingdom, the United States, and internationally. The company operates through three segments: Asset Life Cycle Solutions West, Asset Life Cycle Solutions East, and Specialist Technical Solutions.

Analyst Recommendations for John Wood Group (LON:WG)

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