Amec Foster Wheeler PLC (LON:AMFW)‘s stock had its “buy” rating reaffirmed by Numis Securities Ltd in a research note issued on Friday. They currently have a GBX 615 ($8.01) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 40.73% from the company’s previous close.
Several other analysts also recently issued reports on the stock. Sanford C. Bernstein reissued a “market perform” rating and issued a GBX 550 ($7.16) price target on shares of Amec Foster Wheeler PLC in a research report on Thursday, July 6th. Jefferies Group LLC reissued an “underperform” rating and issued a GBX 414 ($5.39) price target on shares of Amec Foster Wheeler PLC in a research report on Monday, June 12th. Macquarie raised shares of Amec Foster Wheeler PLC from a “neutral” rating to an “outperform” rating and lifted their price target for the company from GBX 610 ($7.94) to GBX 725 ($9.44) in a research report on Wednesday, May 24th. Finally, Deutsche Bank AG lifted their price target on shares of Amec Foster Wheeler PLC from GBX 470 ($6.12) to GBX 570 ($7.42) and gave the company a “buy” rating in a research report on Friday, May 19th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. Amec Foster Wheeler PLC currently has a consensus rating of “Hold” and an average price target of GBX 557.86 ($7.26).
Shares of Amec Foster Wheeler PLC (LON AMFW) opened at 437.00 on Friday. Amec Foster Wheeler PLC has a 12 month low of GBX 395.50 and a 12 month high of GBX 631.00. The company’s market cap is GBX 1.67 billion. The stock has a 50 day moving average of GBX 452.64 and a 200-day moving average of GBX 492.83.
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About Amec Foster Wheeler PLC
Amec Foster Wheeler plc operates across the oil and gas value chain from production to refining, processing and distribution of derivative products in oil and gas, mining, clean energy, and the environment and infrastructure markets. The Company’s segments include Americas; Northern Europe and CIS (NECIS); Asia, Middle East, Africa and Southern Europe (AMEASE); Global Power Group, and Investment Services.
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