Numis Securities Reiterates “Add” Rating for John Wood Group (WG)

Numis Securities restated their add rating on shares of John Wood Group (LON:WG) in a report published on Friday, December 1st. They currently have a GBX 820 ($11.04) price objective on the stock.

Other research analysts have also recently issued research reports about the stock. cut shares of John Wood Group to an add rating and set a GBX 820 ($11.04) price target for the company. in a report on Tuesday, November 14th. Citigroup reiterated a neutral rating and issued a GBX 700 ($9.42) price target on shares of John Wood Group in a report on Tuesday, October 17th. Macquarie reduced their price target on shares of John Wood Group from GBX 965 ($12.99) to GBX 835 ($11.24) and set an outperform rating for the company in a report on Wednesday, August 30th. Raymond James Financial reduced their price target on shares of John Wood Group from GBX 770 ($10.36) to GBX 670 ($9.02) and set an outperform rating for the company in a report on Thursday, August 24th. Finally, Credit Suisse Group reissued an outperform rating and issued a GBX 875 ($11.78) price objective on shares of John Wood Group in a research report on Thursday, October 26th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 800.86 ($10.78).

John Wood Group (LON WG) opened at GBX 695.50 ($9.36) on Friday. John Wood Group has a 1-year low of GBX 553 ($7.44) and a 1-year high of GBX 909 ($12.23).

In other news, insider David Kemp sold 6,615 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of GBX 714 ($9.61), for a total value of £47,231.10 ($63,568.10).

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