John Wood Group PLC (LON:WG) has been given a consensus rating of “Buy” by the twelve research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 340.56 ($4.45).
Several research firms recently issued reports on WG. Morgan Stanley increased their target price on John Wood Group from GBX 250 ($3.27) to GBX 270 ($3.53) and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Berenberg Bank increased their price target on John Wood Group from GBX 230 ($3.01) to GBX 300 ($3.92) and gave the company a “buy” rating in a research note on Friday, June 19th. Goldman Sachs Group raised John Wood Group to a “buy” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. dropped their price target on John Wood Group from GBX 590 ($7.71) to GBX 400 ($5.23) and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Finally, UBS Group reissued a “buy” rating on shares of John Wood Group in a research note on Thursday, June 25th.
WG traded down GBX 17.40 ($0.23) during midday trading on Thursday, reaching GBX 215.40 ($2.81). The company had a trading volume of 2,828,070 shares, compared to its average volume of 530,810. The company has a quick ratio of 0.90, a current ratio of 0.93 and a debt-to-equity ratio of 56.60. The business has a 50-day moving average of GBX 223.88 and a two-hundred day moving average of GBX 210.93. The company has a market cap of $1.47 billion and a P/E ratio of 33.66. John Wood Group has a 1 year low of GBX 100.90 ($1.32) and a 1 year high of GBX 442.10 ($5.78).
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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