John Wood Group (LON:WG)‘s stock had its “neutral” rating reissued by equities research analysts at UBS Group in a note issued to investors on Thursday, Stock Target Advisor reports.
A number of other analysts have also recently commented on the stock. Barclays reduced their target price on shares of John Wood Group from GBX 600 ($7.89) to GBX 450 ($5.92) and set an “underweight” rating for the company in a report on Thursday, November 21st. Credit Suisse Group reduced their target price on shares of John Wood Group from GBX 550 ($7.23) to GBX 530 ($6.97) and set an “outperform” rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. reduced their target price on shares of John Wood Group from GBX 700 ($9.21) to GBX 590 ($7.76) and set an “overweight” rating for the company in a report on Wednesday, December 11th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 350 ($4.60) target price (down from GBX 370 ($4.87)) on shares of John Wood Group in a report on Monday, December 9th. Finally, Goldman Sachs Group raised shares of John Wood Group to a “neutral” rating in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 514.09 ($6.76).
Shares of WG stock opened at GBX 379.30 ($4.99) on Thursday. John Wood Group has a 12 month low of GBX 314 ($4.13) and a 12 month high of GBX 607.60 ($7.99). The stock has a market cap of $2.59 billion and a P/E ratio of 44.62. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 82.06. The company has a 50 day simple moving average of GBX 370.95 and a two-hundred day simple moving average of GBX 406.39.
In related news, insider David Kemp bought 1,132 shares of the company’s stock in a transaction that occurred 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). Also, insider Jacqui Ferguson bought 645 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were bought at an average price of GBX 391 ($5.14) per share, with a total value of £2,521.95 ($3,317.48).
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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