Reaffirmed: John Wood Group PLC (LON:WG) “Overweight” Rating Maintained by Analysts at Barclays Capital; GBX 830.00 Target in Place


John Wood Group PLC (LON:WG) Rating Reaffirmed

John Wood Group PLC (LON:WG) just had their share rating of a ‘”Overweight”‘ issued by research analysts at Barclays Capital, who now has a GBX 830.00 PT on the 2.12 billion GBP market cap company or a 49.21% upside potential. This key information was unveiled in analysts report on 27 November.

From a total of 12 analysts covering John Wood Group PLC (LON:WG) stock, 4 rate it a ”Buy”, 3 a “Sell”, and 5 a ”Hold”. This means that 33% 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 625.26 with a 11.95% above today’s (GBX 558.5) stock price. John Wood Group PLC was the topic of 31 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on November 26 with “Buy” rating. Canaccord Genuity maintained shares with “Hold” rating and GBX 575 target share price in a report from an October 6. Goldman Sachs maintained WG stock in a recent report from October 20 with “Neutral” rating. Nomura maintained the rating on September 8. Nomura has a “Reduce” rating and a GBX 435 price target on shares. Finally, Beaufort Securities maintained the stock with “Speculative Buy” rating in a report issued on an October 8.

Approximately 102,932 shares of stock traded hands. John Wood Group PLC (LON:WG) has declined 17.98% since April 30, 2015 and is downtrending. It has underperformed by 16.62% the S&P500.

Reaffirmed: John Wood Group PLC (LON:WG)

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 2.12 billion GBP. The Firm provides a range of engineering, production support and turbine services to the gas and oil, and power sectors. It has 10.61 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)