JPMorgan Chase & Co. reaffirmed their overweight rating on shares of John Wood Group (LON:WG) in a report released on Wednesday. JPMorgan Chase & Co. currently has a GBX 750 ($10.36) price objective on the stock.
WG has been the topic of a number of other reports. Numis Securities upgraded shares of John Wood Group to a buy rating and set a GBX 780 ($10.78) price objective on the stock in a report on Thursday, December 14th. Royal Bank of Canada restated an outperform rating and set a GBX 800 ($11.05) price objective on shares of John Wood Group in a report on Wednesday, December 20th. Credit Suisse Group dropped their price objective on shares of John Wood Group from GBX 875 ($12.09) to GBX 865 ($11.95) and set an outperform rating on the stock in a report on Wednesday, December 13th. Jefferies Group restated an underperform rating and set a GBX 500 ($6.91) price objective on shares of John Wood Group in a report on Monday, December 11th. Finally, Barclays restated an underweight rating and set a GBX 730 ($10.09) price objective on shares of John Wood Group in a report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. John Wood Group has a consensus rating of Buy and an average target price of GBX 782 ($10.80).
Shares of WG stock opened at GBX 575.40 ($7.95) on Wednesday. John Wood Group has a twelve month low of GBX 553 ($7.64) and a twelve month high of GBX 830 ($11.47). The company has a market cap of $4,320.00 and a price-to-earnings ratio of -28,770.00.
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John Wood Group PLC is a United Kingdom-based energy services company. The Company provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil and gas and power generation industries. It operates through two segments: Wood Group Engineering segment, which provides a range of engineering services, such as conceptual studies, engineering, project and construction management, and control system upgrades, to the upstream, subsea and pipeline, downstream, chemical process and industrial, and clean energy sectors, and Wood Group PSN segment, which provides production services to the upstream, midstream, downstream and industrial sectors through brownfield engineering and modifications, production enhancement, operations and maintenance, facility construction and maintenance management, industrial services, training and decommissioning services, and turbine activities.
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