Barclays Raises John Wood Group (WG) Price Target to GBX 910
John Wood Group (LON:WG) had its target price hoisted by Barclays from GBX 750 ($9.80) to GBX 910 ($11.89) in a research report released on Wednesday. They currently have an underweight rating on the stock.
WG has been the subject of several other research reports. Citigroup reissued a buy rating and set a GBX 850 ($11.11) price target on shares of John Wood Group in a report on Monday, June 25th. HSBC raised shares of John Wood Group to a buy rating and boosted their price target for the company from GBX 675 ($8.82) to GBX 725 ($9.47) in a report on Thursday, September 6th. Finally, Numis Securities raised shares of John Wood Group to an add rating and boosted their price target for the company from GBX 740 ($9.67) to GBX 820 ($10.71) in a report on Wednesday, August 22nd. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 775 ($10.13).
John Wood Group stock opened at GBX 739.40 ($9.66) on Wednesday. John Wood Group has a 12 month low of GBX 553 ($7.23) and a 12 month high of GBX 830 ($10.85).
In related news, insider Robin Watson acquired 899 shares of the business’s stock in a transaction that occurred on Thursday, July 26th. The shares were acquired at an average cost of GBX 639 ($8.35) per share, for a total transaction of £5,744.61 ($7,506.35). Also, insider Jann M. Brown acquired 976 shares of the business’s stock in a transaction that occurred on Friday, September 28th. The shares were bought at an average price of GBX 769 ($10.05) per share, for a total transaction of £7,505.44 ($9,807.19).
About John Wood Group
John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services to the energy and industrial markets in the United Kingdom, the United States, and internationally. It operates in 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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