John Wood Group (WG) Receives Outperform Rating from Royal Bank of Canada
John Wood Group (LON:WG)‘s stock had its “outperform” rating reissued by equities researchers at Royal Bank of Canada in a report released on Wednesday. They currently have a GBX 800 ($10.77) price target on the stock. Royal Bank of Canada’s price target suggests a potential upside of 25.49% from the company’s current price.
Other equities analysts have also issued research reports about the company. Numis Securities reiterated a “buy” rating and set a GBX 820 ($11.04) target price on shares of John Wood Group in a research note on Tuesday, September 12th. Macquarie lowered their target price on John Wood Group from GBX 965 ($12.99) to GBX 835 ($11.24) and set an “outperform” rating on the stock in a research note on Wednesday, August 30th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 780 ($10.50) target price on shares of John Wood Group in a research note on Thursday, December 14th. Citigroup reiterated a “neutral” rating and set a GBX 700 ($9.42) target price on shares of John Wood Group in a research note on Tuesday, October 17th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 875 ($11.78) target price on shares of John Wood Group in a research note on Thursday, October 26th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. John Wood Group currently has a consensus rating of “Hold” and a consensus target price of GBX 799.19 ($10.76).
John Wood Group (WG) opened at GBX 637.50 ($8.58) on Wednesday. John Wood Group has a 52 week low of GBX 553 ($7.44) and a 52 week high of GBX 909 ($12.23).
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