John Wood Group (WG) Given “Add” Rating at Numis Securities

Numis Securities restated their add rating on shares of John Wood Group (LON:WG) in a research report sent to investors on Friday. Numis Securities currently has a GBX 820 ($11.04) price objective on the stock.

A number of other equities analysts also recently weighed in on the stock. Credit Suisse Group reissued an outperform rating and set a GBX 875 ($11.78) target price on shares of John Wood Group in a research note on Thursday, October 26th. Jefferies Group reissued an underperform rating and set a GBX 500 ($6.73) target price on shares of John Wood Group in a research note on Monday, October 9th. downgraded shares of John Wood Group to an add rating and set a GBX 820 ($11.04) target price for the company. in a research note on Tuesday, November 14th. Citigroup reissued a neutral rating and set a GBX 700 ($9.42) target price on shares of John Wood Group in a research note on Tuesday, October 17th. Finally, J P Morgan Chase & Co raised shares of John Wood Group to an overweight rating and set a GBX 810 ($10.90) target price for the company in a research note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 800.86 ($10.78).

John Wood Group (WG) opened at GBX 720 ($9.69) on Friday. John Wood Group has a 52 week low of GBX 553 ($7.44) and a 52 week high of GBX 909 ($12.23).

In other John Wood Group news, insider David Kemp sold 6,615 shares of John Wood Group stock in a transaction on Thursday, November 9th. The shares were sold at an average price of GBX 714 ($9.61), for a total value of £47,231.10 ($63,568.10).

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