John Wood Group PLC (WG) Receives “Neutral” Rating from Citigroup Inc.

John Wood Group PLC (LON:WG)‘s stock had its “neutral” rating reissued by Citigroup Inc. in a research report issued to clients and investors on Tuesday, October 17th. They presently have a GBX 700 ($9.21) price objective on the stock. Citigroup Inc.’s price target indicates a potential downside of 4.18% from the stock’s previous close.

Several other brokerages have also weighed in on WG. Macquarie cut their price objective on shares of John Wood Group PLC from GBX 965 ($12.69) to GBX 835 ($10.98) and set an “outperform” rating on the stock in a report on Wednesday, August 30th. Jefferies Group LLC cut their price objective on shares of John Wood Group PLC from GBX 540 ($7.10) to GBX 500 ($6.58) and set an “underperform” rating on the stock in a report on Wednesday, September 6th. Numis Securities Ltd restated a “buy” rating and issued a GBX 820 ($10.79) price objective on shares of John Wood Group PLC in a report on Wednesday, August 23rd. Raymond James Financial, Inc. cut their price objective on shares of John Wood Group PLC from GBX 770 ($10.13) to GBX 670 ($8.81) and set an “outperform” rating on the stock in a report on Thursday, August 24th. Finally, J P Morgan Chase & Co raised shares of John Wood Group PLC to an “overweight” rating and set a GBX 810 ($10.65) price objective for the company in a research report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 799.73 ($10.52).

Shares of John Wood Group PLC (LON:WG) traded down GBX 1 ($0.01) during mid-day trading on Tuesday, hitting GBX 730.50 ($9.61). 1,780,135 shares of the stock were exchanged, compared to its average volume of 5,300,000. John Wood Group PLC has a 12 month low of GBX 553 ($7.27) and a 12 month high of GBX 909 ($11.96).

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John Wood Group PLC Company Profile

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