John Wood Group (LON:WG) Rating Reiterated by Citigroup

John Wood Group (LON:WGGet Rating)‘s stock had its “buy” rating restated by investment analysts at Citigroup in a research note issued on Wednesday, MarketBeat Ratings reports. They presently have a GBX 240 ($2.82) price target on the stock. Citigroup’s price target indicates a potential upside of 47.92% from the company’s current price.

A number of other equities analysts have also commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of John Wood Group from GBX 255 ($3.00) to GBX 262 ($3.08) and gave the stock an “overweight” rating in a report on Friday, October 21st. Berenberg Bank reiterated a “buy” rating and set a GBX 180 ($2.12) price target on shares of John Wood Group in a report on Monday. Finally, Barclays cut their price target on shares of John Wood Group from GBX 320 ($3.76) to GBX 250 ($2.94) and set an “overweight” rating on the stock in a report on Thursday, September 15th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 246.40 ($2.90).

John Wood Group Stock Performance

Shares of John Wood Group stock opened at GBX 162.25 ($1.91) on Wednesday. John Wood Group has a fifty-two week low of GBX 102.05 ($1.20) and a fifty-two week high of GBX 255 ($3.00). The company has a debt-to-equity ratio of 59.91, a current ratio of 1.31 and a quick ratio of 0.75. The firm has a market capitalization of £1.12 billion and a P/E ratio of -9.60. The company’s 50 day moving average price is GBX 136.78 and its two-hundred day moving average price is GBX 164.41.

About John Wood Group

(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: Projects, Operations, Consulting, and Investment. The company offers engineering solutions, including decarbonization and optimization in energy and industry; and renewable energy, future fuels, and low carbon solutions.

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Analyst Recommendations for John Wood Group (LON:WG)

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