Royal Bank Of Canada initiated coverage on shares of Amec Foster Wheeler PLC (LON:AMEC) in a report issued on Tuesday morning, StockTargetPrices.com reports. The firm issued a sector performer rating and a GBX 650 ($8.04) target price on the stock.
Several other equities analysts also recently weighed in on the company. Credit Suisse Group AG restated an underperform rating and set a GBX 450 ($5.57) price target on shares of Amec Foster Wheeler PLC in a report on Friday, October 7th. Macquarie lifted their price objective on Amec Foster Wheeler PLC from GBX 430 ($5.32) to GBX 460 ($5.69) and gave the stock an underperform rating in a report on Friday, September 30th. BNP Paribas reiterated a neutral rating and issued a GBX 530 ($6.56) price objective on shares of Amec Foster Wheeler PLC in a report on Tuesday, September 20th. Barclays PLC reiterated an overweight rating on shares of Amec Foster Wheeler PLC in a report on Monday, September 12th. Finally, Morgan Stanley upgraded Amec Foster Wheeler PLC to an overweight rating and lifted their price objective for the stock from GBX 500 ($6.19) to GBX 700 ($8.66) in a report on Friday, August 26th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 525.48 ($6.50).
About Amec Foster Wheeler PLC
Amec Foster Wheeler plc operates across the oil and gas value chain from production to refining, processing and distribution of derivative products in oil and gas, mining, clean energy, and the environment and infrastructure markets. The Company’s segments include Americas; Northern Europe and CIS (NECIS); Asia, Middle East, Africa and Southern Europe (AMEASE); Global Power Group, and Investment Services.
Receive News & Ratings for Amec Foster Wheeler PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amec Foster Wheeler PLC and related companies with MarketBeat.com's FREE daily email newsletter.