Key Research Analysts at Barclays Capital Have Reiterated their ‘Overweight’ rating for Amec Foster Wheeler PLC (LON:AMFW) Shares Today. Their TP Provided Is GBX 1000.00

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Amec Foster Wheeler PLC (LON:AMFW) Rating Reaffirmed

The brokerage has just set a TP of GBX 1000.00 on Amec Foster Wheeler PLC (LON:AMFW) shares. This is 131.88% from the close price. In analysts report issued to clients and investors on Friday morning, Barclays Capital has decided to restate their Overweight rating on shares of AMFW.

From a total of 13 analysts covering Amec Plc (LON:AMFW) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 46% of the ratings are positive. The highest target price is GBX 1200 while the lowest target price is GBX 455. The mean of all analyst targets is GBX 731.56 with a 69.62% above today’s (GBX 431.3) stock price. Amec Plc was the topic of 36 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Citigroup maintained shares on November 26 with “Neutral” rating. Citigroup downgraded shares to “Neutral” rating and GBX 630 target share price in a report from a November 6. Nomura maintained AMFW stock in a recent report from November 11 with “Buy” rating. Goldman Sachs maintained the rating on November 6. Goldman Sachs has a “Buy” rating and a GBX 850.30 price target on shares. Finally, Jefferies maintained the stock with “Underperform” rating in a report issued on a November 9.

Approximately 156,662 shares of stock traded hands. Amec Foster Wheeler PLC (LON:AMFW) has declined 52.14% since April 30, 2015 and is downtrending. It has underperformed by 50.77% the S&P500.

Key Research Analysts at Barclays Capital Have Reiterated their ‘Overweight’ rating for Amec Foster Wheeler PLC (LON:AMFW) Shares Today. Their TP Provided Is GBX 1000.00

Amec Foster Wheeler plc is engaged in designing, delivering and maintaining infrastructure assets across various markets that include mining, clean energy, power generation and infrastructure markets. The company has a market cap of 1.68 billion GBP. The Firm has the following operating divisions: Americas; Northern Europe & CIS; Asia, Middle East, Africa & Southern Europe ; Global Power Group, and Investment Services. It has 14.42 P/E ratio. The Company’s Americas segment is engaged in Oil & Gas, Mining, Clean Energy, and Environment and Infrastructure.

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