John Wood Group PLC (WG) Given Consensus Recommendation of “Hold” by Brokerages

John Wood Group PLC (LON:WG) has earned a consensus recommendation of “Hold” from the seventeen brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 794.71 ($10.98).

A number of equities research analysts have issued reports on WG shares. Credit Suisse Group reiterated an “outperform” rating and set a GBX 875 ($12.09) price objective on shares of John Wood Group in a research note on Thursday, October 26th. Numis Securities downgraded shares of John Wood Group to an “add” rating and set a GBX 820 ($11.33) price target on the stock. in a research note on Tuesday, November 14th. downgraded shares of John Wood Group to an “add” rating and set a GBX 820 ($11.33) price target on the stock. in a research note on Tuesday, November 14th. Jefferies Group restated an “underperform” rating and issued a GBX 500 ($6.91) price target on shares of John Wood Group in a research note on Monday, December 11th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 780 ($10.78) price target on shares of John Wood Group in a research note on Thursday, December 14th.

In other John Wood Group news, insider Jann M. Brown bought 1,193 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The shares were acquired at an average cost of GBX 645 ($8.91) per share, for a total transaction of £7,694.85 ($10,631.18).

Shares of John Wood Group (LON WG) traded up GBX 12.20 ($0.17) during trading on Friday, reaching GBX 615.60 ($8.51). 2,160,601 shares of the company’s stock were exchanged, compared to its average volume of 2,130,000. The firm has a market capitalization of $4,140.00 and a P/E ratio of -30,780.00. John Wood Group has a 12-month low of GBX 605.20 ($8.36) and a 12-month high of GBX 1,040.20 ($14.37).

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About John Wood Group

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.

Analyst Recommendations for John Wood Group (LON:WG)

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