John Wood Group (LON:WG) Given “Hold” Rating at Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of John Wood Group (LON:WG) in a report released on Friday morning, Digital Look reports. The brokerage currently has a GBX 150 ($1.98) price target on the stock.

Separately, Canaccord Genuity Group restated a buy rating and issued a GBX 250 ($3.30) target price on shares of John Wood Group in a report on Tuesday, August 6th.

John Wood Group Stock Down 0.5 %

Shares of WG stock traded down GBX 0.70 ($0.01) on Friday, reaching GBX 132.30 ($1.74). 1,925,348 shares of the company were exchanged, compared to its average volume of 530,810. The company has a market cap of £909.55 million, a price-to-earnings ratio of -113.08, a PEG ratio of 0.33 and a beta of 1.47. The company has a 50-day moving average of GBX 180.99 and a 200-day moving average of GBX 166.70. The company has a debt-to-equity ratio of 66.76, a current ratio of 0.98 and a quick ratio of 0.75. John Wood Group has a one year low of GBX 117.67 ($1.55) and a one year high of GBX 213.20 ($2.81).

Insider Buying and Selling

In other news, insider Ken Gilmartin acquired 5,041 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was purchased at an average price of GBX 132 ($1.74) per share, for a total transaction of £6,654.12 ($8,775.05). 1.80% of the stock is currently owned by company insiders.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.