Sanford C. Bernstein Lowers John Wood Group (WG) Price Target to GBX 920
John Wood Group (LON:WG) had its price target trimmed by Sanford C. Bernstein from GBX 1,000 ($13.07) to GBX 920 ($12.02) in a research note issued to investors on Tuesday. They currently have an outperform rating on the stock.
Several other analysts also recently weighed in on WG. Barclays boosted their price target on shares of John Wood Group from GBX 750 ($9.80) to GBX 910 ($11.89) and gave the stock an underweight rating in a research note on Wednesday, October 10th. JPMorgan Chase & Co. lowered their price target on shares of John Wood Group from GBX 780 ($10.19) to GBX 770 ($10.06) and set an overweight rating for the company in a research note on Friday, December 7th. Royal Bank of Canada lowered their price target on shares of John Wood Group from GBX 800 ($10.45) to GBX 725 ($9.47) and set an outperform rating for the company in a research note on Wednesday, December 12th. Finally, HSBC lowered their price target on shares of John Wood Group from GBX 780 ($10.19) to GBX 745 ($9.73) and set a buy rating for the company in a research note on Friday, December 14th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. John Wood Group presently has a consensus rating of Buy and a consensus target price of GBX 808 ($10.56).
John Wood Group stock opened at GBX 588 ($7.68) on Tuesday. John Wood Group has a twelve month low of GBX 553 ($7.23) and a twelve month high of GBX 830 ($10.85).
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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