Jefferies Group LLC Reaffirms Underperform Rating for John Wood Group PLC (WG)

John Wood Group PLC (LON:WG)‘s stock had its “underperform” rating reaffirmed by stock analysts at Jefferies Group LLC in a research note issued to investors on Monday. They presently have a GBX 500 ($6.63) target price on the stock. Jefferies Group LLC’s price objective would suggest a potential downside of 31.51% from the stock’s previous close.

Several other research analysts have also issued reports on WG. Royal Bank Of Canada decreased their price target on shares of John Wood Group PLC from GBX 980 ($13.00) to GBX 750 ($9.95) and set an “outperform” rating on the stock in a research report on Friday, June 30th. Raymond James Financial, Inc. restated an “outperform” rating and issued a GBX 770 ($10.21) price target on shares of John Wood Group PLC in a research report on Friday, June 30th. Numis Securities Ltd decreased their price target on shares of John Wood Group PLC from GBX 929 ($12.32) to GBX 820 ($10.88) and set a “buy” rating on the stock in a research report on Friday, June 30th. Sanford C. Bernstein restated an “outperform” rating and issued a GBX 1,000 ($13.26) price target on shares of John Wood Group PLC in a research report on Thursday, July 6th. Finally, Macquarie decreased their price target on shares of John Wood Group PLC from GBX 965 ($12.80) to GBX 835 ($11.08) 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 issued a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 806.69 ($10.70).

Shares of John Wood Group PLC (LON:WG) opened at 730.00 on Monday. The firm’s market cap is GBX 2.72 billion. John Wood Group PLC has a one year low of GBX 553.00 and a one year high of GBX 909.00. The firm’s 50-day moving average price is GBX 625.38 and its 200-day moving average price is GBX 682.53.

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Analyst Recommendations for John Wood Group PLC (LON:WG)

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