Analysts at Barclays Capital Reiterated their Past ‘”Overweight”’ rating on Shares Amec Foster Wheeler PLC (LON:AMFW), Set a GBX 620.00 Target Price per Share

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Amec Foster Wheeler PLC (LON:AMFW) Rating Reaffirmed

They currently have a GBX 620.00 target price per share on Amec Foster Wheeler PLC (LON:AMFW). The target price by Barclays Capital would suggest a potential upside of 59.10% from the company’s previous close. This has been revealed in an analyst research report on Wednesday, 16 December.

From a total of 14 analysts covering Amec Plc (LON:AMFW) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 7 a ”Hold”. This means that 43% 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 686.16 with a 76.44% above today’s (GBX 388.9) stock price. Amec Plc was the topic of 39 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 16 with “Overweight” rating. JP Morgan maintained shares with “Overweight” rating and GBX 739 target share price in a report from a November 11. Citigroup maintained AMFW stock in a recent report from November 26 with “Neutral” rating. Jefferies maintained the rating on November 9. Jefferies has a “Underperform” rating and a GBX 455 price target on shares. Finally, Nomura maintained the stock with “Buy” rating in a report issued on a November 11.

Approximately 1.22M shares of stock traded hands. Amec Foster Wheeler PLC (LON:AMFW) has declined 57.67% since May 19, 2015 and is downtrending. It has underperformed by 55.05% the S&P500.

Analysts at Barclays Capital Reiterated their Past ‘

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 1.49 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 13 P/E ratio. The Company’s Americas segment is engaged in Oil & Gas, Mining, Clean Energy, and Environment and Infrastructure.

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