Jefferies Financial Group reaffirmed their underperform rating on shares of John Wood Group (LON:WG) in a research report report published on Friday, ThisIsMoney.Co.Uk reports.
A number of other analysts also recently weighed in on the company. Barclays restated an underweight rating and issued a GBX 600 ($7.84) target price on shares of John Wood Group in a research report on Monday, July 8th. Royal Bank of Canada dropped their target price on John Wood Group from GBX 725 ($9.47) to GBX 670 ($8.75) and set an outperform rating for the company in a research report on Thursday, July 18th. Berenberg Bank upgraded John Wood Group to a buy rating and boosted their target price for the stock from GBX 560 ($7.32) to GBX 590 ($7.71) in a research report on Friday, July 5th. JPMorgan Chase & Co. decreased their price target on John Wood Group from GBX 760 ($9.93) to GBX 720 ($9.41) and set an overweight rating on the stock in a research note on Tuesday, July 23rd. Finally, Credit Suisse Group cut John Wood Group to a neutral rating and decreased their price target for the stock from GBX 750 ($9.80) to GBX 505 ($6.60) in a research note on Thursday, May 9th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 653.64 ($8.54).
LON:WG opened at GBX 433 ($5.66) on Friday. The business has a 50 day moving average of GBX 495.87 and a 200 day moving average of GBX 490.09. The company has a market capitalization of $2.95 billion and a price-to-earnings ratio of -333.08. John Wood Group has a 1-year low of GBX 379.90 ($4.96) and a 1-year high of GBX 801.20 ($10.47). The company has a debt-to-equity ratio of 63.71, a current ratio of 1.04 and a quick ratio of 0.98.
In other John Wood Group news, insider Jacqui Ferguson purchased 636 shares of the stock in a transaction dated Friday, June 28th. The shares were purchased at an average cost of GBX 451 ($5.89) per share, with a total value of £2,868.36 ($3,748.02). Also, insider David Kemp purchased 769 shares of the stock in a transaction dated Thursday, July 18th. The shares were acquired at an average cost of GBX 514 ($6.72) per share, for a total transaction of £3,952.66 ($5,164.85).
John Wood Group Company Profile
John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services in energy, industry, and built environment worldwide. It operates through five segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Specialist Technical Solutions; Environment and Infrastructure Solutions; and Investment Services.
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