London: John Wood Group (LON:WG) Stock Has Just Had Its “Buy” Rating Reiterated by Numis. Shares now Have a GBX 680 Target

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John Wood Group (LON:WG) Rating Reaffirmed

John Wood Group (LON:WG) just had their share rating of a ‘”Buy”‘ issued by research analysts at Numis, who now has a GBX 680 target price on the 2.09B GBP market cap company or a 19.72% upside potential. This key information was disclosed in an analyst note on Friday morning.

From a total of 13 analysts covering John Wood Group PLC (LON:WG) stock, 4 rate it a ”Buy”, 3 a “Sell”, and 6 a ”Hold”. This means that 31% of the ratings are positive. The highest target price is GBX 830 while the lowest target price is GBX 435. The mean of all analyst targets is GBX 623.16 with a 9.61% above today’s (GBX 568.5) stock price. John Wood Group PLC was the topic of 33 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Mirabaud Securities maintained shares on December 3 with “Hold” rating. Canaccord Genuity maintained shares with “Hold” rating and GBX 575 target share price in a report from an October 6. Numis Securities maintained WG stock in a recent report from November 26 with “Buy” rating. Nomura maintained the rating on September 8. Nomura has a “Reduce” rating and a GBX 435 price target on shares. Finally, Goldman Sachs maintained the stock with “Neutral” rating in a report issued on an October 20.

Approximately 271,287 shares of stock traded hands. John Wood Group PLC (LON:WG) has declined 17.85% since May 7, 2015 and is downtrending. It has underperformed by 15.07% the S&P500.

London: John Wood Group (LON:WG) Stock Has Just Had Its

Analysts await Willbros Group Inc (NYSE:WG) to reports earnings on December, 21. They expect $-0.07 earnings per share, down 450.00% or $0.09 from last year’s $0.02 per share. After $-0.28 actual earnings per share reported by Willbros Group Inc for the previous quarter, Wall Street now forecasts -75.00% EPS growth.

John Wood Group PLC is a United Kingdom energy services company. The company has a market cap of 2.09 billion GBP. The Firm provides a range of engineering, production support and turbine services to the gas and oil, and power sectors. It has 10.83 P/E ratio. The Firm operates through two divisions: Wood Group Engineering and Wood Group PSN.

According to Zacks Investment Research, “Willbros Group, Inc. is an independent contractor serving the oil, gas and power industries, providing construction, engineering and specialty services to industry and government entities worldwide. They place particular emphasis on projects in developing countries where they believe their experience gives them a competitive advantage.” Get a free copy of the Zacks research report on John Wood Group PLC (WG).

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