John Wood Group (LON:WG) Given Hold Rating at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of John Wood Group (LON:WG) in a research note issued to investors on Monday, Stock Target Advisor reports. The firm currently has a GBX 350 ($4.60) price objective on the stock, down from their prior price objective of GBX 370 ($4.87).

A number of other research firms have also recently issued reports on WG. Berenberg Bank cut their price target on John Wood Group from GBX 590 ($7.76) to GBX 540 ($7.10) and set a buy rating on the stock in a report on Thursday, August 29th. UBS Group restated a neutral rating and set a GBX 350 ($4.60) price target (down from GBX 530 ($6.97)) on shares of John Wood Group in a report on Friday, November 1st. JPMorgan Chase & Co. lowered their target price on John Wood Group from GBX 720 ($9.47) to GBX 700 ($9.21) and set an overweight rating on the stock in a research report on Thursday, October 10th. Morgan Stanley lowered their target price on John Wood Group from GBX 660 ($8.68) to GBX 620 ($8.16) and set an overweight rating on the stock in a research report on Friday, November 8th. Finally, Credit Suisse Group lowered their target price on John Wood Group from GBX 550 ($7.23) to GBX 530 ($6.97) and set an outperform rating on the stock in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. John Wood Group presently has a consensus rating of Buy and a consensus price target of GBX 556.82 ($7.32).

John Wood Group stock opened at GBX 363.40 ($4.78) on Monday. The stock has a market capitalization of $2.48 billion and a price-to-earnings ratio of 42.75. John Wood Group has a 52-week low of GBX 314.40 ($4.14) and a 52-week high of GBX 648.60 ($8.53). The stock’s 50 day moving average price is GBX 351.16 and its two-hundred day moving average price is GBX 408.90. The company has a debt-to-equity ratio of 82.06, a quick ratio of 0.97 and a current ratio of 1.06.

In other John Wood Group news, insider David Kemp acquired 1,132 shares of John Wood Group stock in a transaction on Thursday, October 17th. The stock was purchased at an average price of GBX 349 ($4.59) per share, for a total transaction of £3,950.68 ($5,196.90).

John Wood Group Company Profile

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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