Barclays Reaffirms Underweight Rating for John Wood Group (LON:WG)

Barclays reissued their underweight rating on shares of John Wood Group (LON:WG) in a report published on Monday, Digital Look reports. Barclays currently has a GBX 600 ($7.84) target price on the stock.

A number of other analysts have also weighed in on WG. Jefferies Financial Group reissued a hold rating on shares of COMPASS GRP PLC/S in a research report on Tuesday, April 9th. Goldman Sachs Group reaffirmed a neutral rating and set a $36.00 target price on shares of General Motors in a research report on Tuesday, March 26th. UBS Group raised shares of to a neutral rating and raised their target price for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th. Credit Suisse Group set a €38.00 ($44.19) target price on shares of Dialog Semiconductor and gave the stock a buy rating in a research report on Thursday, May 9th. Finally, Royal Bank of Canada reaffirmed an outperform rating and set a GBX 670 ($8.75) target price on shares of in a research report on Friday, June 28th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 657.27 ($8.59).

Shares of LON:WG opened at GBX 513.60 ($6.71) on Monday. The company has a current ratio of 1.04, a quick ratio of 0.98 and a debt-to-equity ratio of 63.71. John Wood Group has a 12 month low of GBX 379.90 ($4.96) and a 12 month high of GBX 801.20 ($10.47). The firm has a 50-day simple moving average of GBX 427.24. The company has a market cap of $3.50 billion and a P/E ratio of -395.08.

In other news, insider Jacqui Ferguson bought 636 shares of the stock in a transaction on Friday, June 28th. The stock was bought at an average cost of GBX 451 ($5.89) per share, for a total transaction of £2,868.36 ($3,748.02). Also, insider Robin Watson bought 1,218 shares of the stock in a transaction on Thursday, April 18th. The stock was purchased at an average price of GBX 512 ($6.69) per share, with a total value of £6,236.16 ($8,148.65). Over the last 90 days, insiders acquired 3,225 shares of company stock valued at $1,534,257.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services in energy, industry, and built environment worldwide. It operates through five segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Specialist Technical Solutions; Environment and Infrastructure Solutions; and Investment Services.

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Analyst Recommendations for John Wood Group (LON:WG)

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