John Wood Group PLC (LON:WG) Rating
They currently have a GBX 830.00 target on John Wood Group PLC (LON:WG). Deutsche Bank’s target would suggest a potential upside of 8.57% from the company’s last price. This was revealed to investors in a research note on 29 September.
Out of 17 analysts covering John Wood Group PLC (LON:WG), 9 rate it a “Buy”, 4 “Sell”, while 4 “Hold”. This means 53% are positive. GBX 850 is the highest target while GBX 350 is the lowest. The GBX 672.78 average target is -12.00% below today’s (GBX 764.5) stock price. John Wood Group PLC has been the topic of 86 analyst reports since October 6, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on September 29 with “Buy” rating. Barclays Capital maintained it with “Overweight” rating and GBX 840 target price in an August 24 report. Barclays Capital maintained the shares of WG in a report on September 12 with “Overweight” rating. JP Morgan maintained the firm’s rating on August 17. JP Morgan has “Neutral” rating and GBX 570 price target. Lastly, Liberum Capital maintained the stock with “Sell” rating in an August 18 report.
About 339,885 shares traded hands. John Wood Group PLC (LON:WG) has risen 17.07% since February 29, 2016 and is uptrending. It has outperformed by 5.81% the S&P500.
Analysts await Willbros Group Inc (NYSE:WG) to report earnings on November, 3. They expect $-0.08 EPS, up 60.00% or $0.12 from last year’s $-0.2 per share. After $-0.09 actual EPS reported by Willbros Group Inc for the previous quarter, Wall Street now forecasts -11.11% EPS growth.
Insitutional Activity: The institutional sentiment increased to 3.33 in Q2 2016. Its up 2.00, from 1.33 in 2016Q1. The ratio increased, as 5 funds sold all John Wood Group PLC shares owned while 10 reduced positions. 21 funds bought stakes while 29 increased positions. They now own 74.99 million shares or 119.69% more from 34.13 million shares in 2016Q1.
Gendell Jeffrey L holds 1.9% of its portfolio in John Wood Group PLC for 3.66 million shares. True Bearing Asset Management Lp owns 111,224 shares or 1.48% of their US portfolio. Moreover, Schneider Capital Management Corp has 1.12% invested in the company for 2.35 million shares. The Wisconsin-based Heartland Advisors Inc has invested 0.66% in the stock. Netols Asset Management Inc., a Wisconsin-based fund reported 788,511 shares.
John Wood Group PLC is a United Kingdom energy services company. The company has a market cap of 2.91 billion GBP. The Firm provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the gas and oil and power generation industries. It currently has negative earnings.
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.”
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