John Wood Group PLC (LON:WG) Receives Average Rating of “Buy” from Analysts

Shares of John Wood Group PLC (LON:WGGet Rating) have earned an average recommendation of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 303.33 ($3.95).

A number of equities analysts recently issued reports on the company. Berenberg Bank raised their target price on John Wood Group from GBX 250 ($3.25) to GBX 300 ($3.90) and gave the stock a “buy” rating in a research note on Thursday, January 13th. Canaccord Genuity Group cut their price target on John Wood Group from GBX 325 ($4.23) to GBX 300 ($3.90) and set a “buy” rating on the stock in a research report on Wednesday, January 5th. Barclays reaffirmed an “equal weight” rating and set a GBX 330 ($4.29) price target on shares of John Wood Group in a research report on Thursday, April 14th. Finally, Citigroup reaffirmed a “buy” rating and set a GBX 270 ($3.51) price target on shares of John Wood Group in a research report on Friday, January 14th.

In other news, insider Robin Watson purchased 2,732 shares of John Wood Group stock in a transaction dated Thursday, January 20th. The shares were purchased at an average price of GBX 235 ($3.06) per share, with a total value of £6,420.20 ($8,353.11). Insiders acquired a total of 6,562 shares of company stock worth $1,312,771 over the last three months.

WG stock traded up GBX 5.65 ($0.07) during midday trading on Tuesday, reaching GBX 184.95 ($2.41). The stock had a trading volume of 1,346,604 shares, compared to its average volume of 530,810. The stock has a market cap of £1.28 billion and a PE ratio of -7.22. The company has a debt-to-equity ratio of 52.87, a quick ratio of 0.74 and a current ratio of 0.75. The firm has a fifty day simple moving average of GBX 184.77 and a two-hundred day simple moving average of GBX 201.98. John Wood Group has a 52-week low of GBX 150.70 ($1.96) and a 52-week high of GBX 293 ($3.81).

John Wood Group Company Profile (Get Rating)

John Wood Group PLC, together with its subsidiaries, provides consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through four segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Technical Consulting Solutions; and Investment Services.

Recommended Stories

Analyst Recommendations for John Wood Group (LON:WG)

Receive News & Ratings for John Wood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wood Group and related companies with's FREE daily email newsletter.