John Wood Group PLC (LON:WG) had its price target lowered by Macquarie from GBX 965 ($12.48) to GBX 835 ($10.80) in a research note issued to investors on Wednesday morning. Macquarie currently has an outperform rating on the stock.

A number of other equities research analysts have also commented on the stock. Raymond James Financial, Inc. reduced their price objective on shares of John Wood Group PLC from GBX 770 ($9.96) to GBX 670 ($8.67) and set an outperform rating on the stock in a research note on Thursday, August 24th. Numis Securities Ltd reissued a buy rating and set a GBX 820 ($10.61) target price on shares of John Wood Group PLC in a research note on Wednesday, August 23rd. Sanford C. Bernstein reissued an outperform rating and set a GBX 1,000 ($12.93) target price on shares of John Wood Group PLC in a research note on Thursday, July 6th. Jefferies Group LLC cut their target price on shares of John Wood Group PLC from GBX 600 ($7.76) to GBX 540 ($6.98) and set an underweight rating on the stock in a research note on Friday, June 30th. Finally, Royal Bank Of Canada cut their target price on shares of John Wood Group PLC from GBX 980 ($12.67) to GBX 750 ($9.70) and set an outperform rating on the stock in a research note on Friday, June 30th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the stock. John Wood Group PLC currently has an average rating of Hold and an average price target of GBX 814.40 ($10.53).

Shares of John Wood Group PLC (LON:WG) opened at 573.50 on Wednesday. The firm’s market capitalization is GBX 2.14 billion. The firm has a 50-day moving average of GBX 596.59 and a 200 day moving average of GBX 701.95. John Wood Group PLC has a 12-month low of GBX 559.00 and a 12-month high of GBX 909.00.

WARNING: “Macquarie Cuts John Wood Group PLC (WG) Price Target to GBX 835” was originally posted by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The correct version of this report can be read at https://www.watchlistnews.com/macquarie-cuts-john-wood-group-plc-wg-price-target-to-gbx-835/1538009.html.

The firm also recently disclosed a dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a yield of 1.53%.

In other John Wood Group PLC news, insider David Kemp sold 13,204 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of GBX 689 ($8.91), for a total transaction of £90,975.56 ($117,661.10).

John Wood Group PLC Company Profile

Analyst Recommendations for John Wood Group PLC (LON:WG)

Receive News & Ratings for John Wood Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wood Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.