Jefferies Financial Group restated their hold rating on shares of John Wood Group (LON:WG) in a report issued on Monday, Stock Target Advisor reports. They currently have a GBX 350 ($4.60) target price on the stock, down from their prior target price of GBX 370 ($4.87).
Several other equities research analysts also recently issued reports on WG. Berenberg Bank dropped their price objective on John Wood Group from GBX 590 ($7.76) to GBX 540 ($7.10) and set a buy rating on the stock in a report on Thursday, August 29th. Credit Suisse Group dropped their price objective on John Wood Group from GBX 550 ($7.23) to GBX 530 ($6.97) and set an outperform rating on the stock in a report on Friday, October 25th. UBS Group restated a neutral rating and set a GBX 350 ($4.60) price objective (down from GBX 530 ($6.97)) on shares of John Wood Group in a report on Friday, November 1st. Goldman Sachs Group upgraded John Wood Group to a neutral rating in a report on Tuesday, November 5th. Finally, Barclays dropped their price objective on John Wood Group from GBX 600 ($7.89) to GBX 450 ($5.92) and set an underweight rating on the stock in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 566.82 ($7.46).
WG stock traded up GBX 0.90 ($0.01) during midday trading on Monday, hitting GBX 326.70 ($4.30). 1,799,627 shares of the company’s stock were exchanged, compared to its average volume of 2,500,000. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 82.06. John Wood Group has a 12-month low of GBX 314.40 ($4.14) and a 12-month high of GBX 648.60 ($8.53). The firm has a 50 day moving average price of GBX 351.63 and a 200-day moving average price of GBX 410.50. The stock has a market capitalization of $2.22 billion and a price-to-earnings ratio of 38.44.
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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