Amec Foster Wheeler PLC (AMEC) Receives “Underperform” Rating from Jefferies Group LLC

Jefferies Group LLC restated their underperform rating on shares of Amec Foster Wheeler PLC (LON:AMEC) in a research report report published on Wednesday. The firm currently has a GBX 414 ($5.35) price target on the stock.

Other equities analysts also recently issued reports about the company. Numis Securities Ltd reissued a buy rating and set a GBX 615 ($7.94) price objective on shares of Amec Foster Wheeler PLC in a research report on Friday, August 11th. Deutsche Bank AG reissued a hold rating and set a GBX 570 ($7.36) price objective on shares of Amec Foster Wheeler PLC in a research report on Friday, May 19th. Raymond James Financial, Inc. lowered their price objective on Amec Foster Wheeler PLC from GBX 540 ($6.97) to GBX 500 ($6.46) and set an outperform rating for the company in a research report on Thursday, August 24th. Finally, Macquarie raised Amec Foster Wheeler PLC to an outperform rating and upped their price target for the company from GBX 610 ($7.88) to GBX 725 ($9.36) in a report on Wednesday, May 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. Amec Foster Wheeler PLC presently has an average rating of Hold and an average target price of GBX 545.41 ($7.04).

COPYRIGHT VIOLATION NOTICE: “Amec Foster Wheeler PLC (AMEC) Receives “Underperform” Rating from Jefferies Group LLC” was posted by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://transcriptdaily.com/2017/09/07/amec-foster-wheeler-plc-amec-receives-underperform-rating-from-jefferies-group-llc.html.

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.

Analyst Recommendations for Amec Foster Wheeler PLC (LON:AMEC)

Receive News & Ratings for Amec Foster Wheeler PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amec Foster Wheeler PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply