John Wood Group PLC (LON:WG) Rating Reiterated
In an analyst report shared with investors on Tuesday, 11 October, John Wood Group PLC (LON:WG) stock had its “Outperform” Rating reconfirmed by expert analysts at RBC Capital Markets. They currently have a GBX 920.00 price target on company. RBC Capital Markets’s target gives a potential upside of 14.50 % from the company’s last close price.
LON:WG is right now trading 0.25% higher at GBX 802.50 as of 03:33 London time. John Wood Group PLC’s stock is up 27.67% over the past 200 days. It has outperformed the Standard & Poor’s 500 index, which has increased 4.81% over the same time.
LON:WG Price Chart & Trend
The stock price of John Wood Group PLC has gained 27.67% over the last 200 days, and is in reinforcing up trend. In the last 50 and 100 days, John Wood Group PLC is up 21.38% and up 27.67%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
John Wood Group PLC (LON:WG) Profile
John Wood Group PLC is a United Kingdom-based energy services company. The Company provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil and gas and power generation industries. It operates through two segments: Wood Group Engineering segment, which provides a range of engineering services, such as conceptual studies, engineering, project and construction management, and control system upgrades, to the upstream, subsea and pipeline, downstream, chemical process and industrial, and clean energy sectors, and Wood Group PSN segment, which provides production services to the upstream, midstream, downstream and industrial sectors through brownfield engineering and modifications, production enhancement, operations and maintenance, facility construction and maintenance management, industrial services, training and decommissioning services, and turbine activities.
John Wood Group PLC (LON:WG) traded up 0.25% on 11 October, hitting GBX 802.5. A total of 311,714 shares of the company’s stock traded hands. This is down from average of 854,843 shares. John Wood Group PLC has a 52 week low of GBX 522.85 and a 52 week high of GBX 813. The company has a market cap of 3.08B GBX and a P/E ratio of 0.
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The post John Wood Group PLC (LON:WG) Stock Rating Reconfirmed by Analysts at RBC Capital Markets; The GBX 920.00 Target Indicates 14.50 % Potential appeared first on Octafinance.