John Wood Group PLC (LON:WG) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
Shares of John Wood Group PLC (LON:WG – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 206.80 ($2.62).
WG has been the subject of several recent analyst reports. Canaccord Genuity Group raised John Wood Group to a “buy” rating and dropped their price target for the company from GBX 240 ($3.04) to GBX 225 ($2.85) in a research note on Thursday, August 24th. Berenberg Bank reduced their price target on John Wood Group from GBX 200 ($2.53) to GBX 180 ($2.28) and set a “hold” rating for the company in a research report on Monday.
Check Out Our Latest Stock Report on WG
John Wood Group Trading Up 2.3 %
John Wood Group stock traded up GBX 3.70 ($0.05) during trading hours on Tuesday, reaching GBX 161.70 ($2.05). 1,695,660 shares of the company’s stock traded hands, compared to its average volume of 530,810. The company has a debt-to-equity ratio of 38.64, a quick ratio of 0.75 and a current ratio of 0.95. The firm has a market capitalization of £1.12 billion, a price-to-earnings ratio of -179.67, a PEG ratio of 0.33 and a beta of 1.53. The firm’s 50 day moving average is GBX 145.93 and its 200-day moving average is GBX 146.94. John Wood Group has a fifty-two week low of GBX 120.54 ($1.52) and a fifty-two week high of GBX 228.66 ($2.89).
Insider Buying and Selling at John Wood Group
In other news, insider David Kemp bought 2,635 shares of John Wood Group stock in a transaction dated Thursday, September 21st. The stock was bought at an average cost of GBX 160 ($2.02) per share, for a total transaction of £4,216 ($5,331.98). In other news, insider Ken Gilmartin acquired 4,326 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was bought at an average price of GBX 148 ($1.87) per share, with a total value of £6,402.48 ($8,097.23). Also, insider David Kemp bought 2,635 shares of the business’s stock in a transaction on Thursday, September 21st. The shares were acquired at an average price of GBX 160 ($2.02) per share, with a total value of £4,216 ($5,331.98). Over the last three months, insiders bought 11,181 shares of company stock worth $1,703,288. 1.70% of the stock is currently owned by insiders.
John Wood Group Company Profile (Get Free Report
John Wood Group PLC, together with its subsidiaries, provides consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.
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