The J P Morgan Chase & Co Upgrades John Wood Group PLC (WG) to Overweight

The J P Morgan Chase & Co Upgrades John Wood Group PLC (WG) to Overweight

John Wood Group PLC (LON:WG) was upgraded by stock analysts at J P Morgan Chase & Co to an “overweight” rating in a research note issued on Thursday. The firm presently has a GBX 810 ($10.65) target price on the stock. J P Morgan Chase & Co’s price target suggests a potential upside of 12.97% from the stock’s current price.

Several other research analysts have also issued reports on WG. Macquarie dropped their target price on John Wood Group PLC from GBX 965 ($12.69) to GBX 835 ($10.98) and set an “outperform” rating for the company in a research report on Wednesday, August 30th. Morgan Stanley restated an “overweight” rating and set a GBX 960 ($12.62) target price on shares of John Wood Group PLC in a research report on Monday, October 2nd. Jefferies Group LLC dropped their target price on John Wood Group PLC from GBX 540 ($7.10) to GBX 500 ($6.57) and set an “underperform” rating for the company in a research report on Wednesday, September 6th. Numis Securities Ltd restated a “buy” rating and set a GBX 820 ($10.78) target price on shares of John Wood Group PLC in a research report on Wednesday, August 23rd. Finally, Raymond James Financial, Inc. dropped their target price on John Wood Group PLC from GBX 770 ($10.12) to GBX 670 ($8.81) and set an “outperform” rating for the company in a research report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 812.69 ($10.68).

John Wood Group PLC (LON:WG) opened at 717.00 on Thursday. The firm’s 50-day moving average price is GBX 645.89 and its 200-day moving average price is GBX 682.14. The company’s market cap is GBX 2.67 billion. John Wood Group PLC has a 52-week low of GBX 553.00 and a 52-week high of GBX 909.00.

About John Wood Group PLC

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