John Wood Group (LON:WG) had its price target lowered by Credit Suisse Group from GBX 530 ($6.97) to GBX 510 ($6.71) in a research note published on Friday, Stock Target Advisor reports. The brokerage currently has an outperform rating on the stock.
Other analysts also recently issued reports about the stock. Goldman Sachs Group raised shares of John Wood Group to a neutral rating in a research report on Tuesday, November 5th. Citigroup reissued a buy rating and set a GBX 450 ($5.92) price objective on shares of John Wood Group in a research report on Tuesday, December 17th. JPMorgan Chase & Co. cut their price objective on shares of John Wood Group from GBX 700 ($9.21) to GBX 590 ($7.76) and set an overweight rating on the stock in a research report on Wednesday, December 11th. Morgan Stanley lowered their target price on shares of John Wood Group from GBX 660 ($8.68) to GBX 620 ($8.16) and set an overweight rating on the stock in a research note on Friday, November 8th. Finally, UBS Group restated a neutral rating on shares of John Wood Group in a research note on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. John Wood Group has a consensus rating of Buy and an average price target of GBX 512.27 ($6.74).
Shares of WG stock opened at GBX 404 ($5.31) on Friday. John Wood Group has a one year low of GBX 314 ($4.13) and a one year high of GBX 598.60 ($7.87). The company’s 50-day moving average is GBX 376.25 and its 200 day moving average is GBX 404.65. The company has a market capitalization of $2.75 billion and a price-to-earnings ratio of 47.53. The company has a debt-to-equity ratio of 82.06, a quick ratio of 0.97 and a current ratio of 1.06.
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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