Jefferies Group LLC Reiterates “Underperform” Rating for John Wood Group PLC (WG)

John Wood Group PLC (LON:WG)‘s stock had its “underperform” rating restated by stock analysts at Jefferies Group LLC in a research report issued on Monday. They currently have a GBX 500 ($6.57) target price on the stock. Jefferies Group LLC’s target price would suggest a potential downside of 32.02% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 820 ($10.78) target price on shares of John Wood Group PLC in a research report on Tuesday, September 12th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a GBX 1,000 ($13.15) target price on shares of John Wood Group PLC in a research report on Thursday, July 6th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a GBX 770 ($10.12) target price on shares of John Wood Group PLC in a research report on Friday, June 30th. Royal Bank Of Canada dropped their target price on John Wood Group PLC from GBX 980 ($12.88) to GBX 750 ($9.86) and set an “outperform” rating on the stock in a research report on Friday, June 30th. Finally, 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 on the stock in a research report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 806.69 ($10.61).

Shares of John Wood Group PLC (WG) opened at 735.50 on Monday. The company’s market capitalization is GBX 2.74 billion.

Other analysts have also recently issued research reports about the company. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 820 ($10.78) target price on shares of John Wood Group PLC in a research report on Tuesday, September 12th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a GBX 1,000 ($13.15) target price on shares of John Wood Group PLC in a research report on Thursday, July 6th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a GBX 770 ($10.12) target price on shares of John Wood Group PLC in a research report on Friday, June 30th. Royal Bank Of Canada dropped their target price on John Wood Group PLC from GBX 980 ($12.88) to GBX 750 ($9.86) and set an “outperform” rating on the stock in a research report on Friday, June 30th. Finally, 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 on the stock in a research report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 806.69 ($10.61).

Shares of John Wood Group PLC (WG) opened at 735.50 on Monday. The company’s market capitalization is GBX 2.74 billion. John Wood Group PLC has a 12-month low of GBX 553.00 and a 12-month high of GBX 909.00. The firm has a 50-day moving average price of GBX 635.35 and a 200 day moving average price of GBX 681.25.

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