John Wood Group (LON:WG) Rating Reiterated by Jefferies Financial Group

Jefferies Financial Group reissued their underperform rating on shares of John Wood Group (LON:WG) in a research report report published on Friday morning, ThisIsMoney.Co.Uk reports.

WG has been the subject of several other reports. UBS Group reaffirmed a neutral rating on shares of John Wood Group in a research note on Thursday, June 20th. Barclays reaffirmed an underweight rating and set a GBX 600 ($7.84) price objective on shares of John Wood Group in a research note on Monday, July 8th. Berenberg Bank raised John Wood Group to a buy rating and upped their price objective for the company from GBX 560 ($7.32) to GBX 590 ($7.71) in a research note on Friday, July 5th. Credit Suisse Group downgraded John Wood Group to a neutral rating and reduced their price objective for the company from GBX 750 ($9.80) to GBX 505 ($6.60) in a research note on Thursday, May 9th. Finally, JPMorgan Chase & Co. reduced their price objective on John Wood Group from GBX 760 ($9.93) to GBX 720 ($9.41) and set an overweight rating for the company in a research note on Tuesday, July 23rd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 653.64 ($8.54).

WG opened at GBX 450.80 ($5.89) on Friday. The business has a 50 day moving average price of GBX 495.09 and a two-hundred day moving average price of GBX 489.32. The company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 63.71. The company has a market cap of $3.05 billion and a PE ratio of -346.77. John Wood Group has a 52 week low of GBX 379.90 ($4.96) and a 52 week high of GBX 801.20 ($10.47).

In other John Wood Group news, insider Jacqui Ferguson bought 636 shares of the business’s stock in a transaction dated Friday, June 28th. The stock was acquired at an average cost of GBX 451 ($5.89) per share, with a total value of £2,868.36 ($3,748.02). Also, insider David Kemp bought 769 shares of the business’s stock in a transaction dated Thursday, July 18th. The shares were acquired at an average cost of GBX 514 ($6.72) per share, with a total value of £3,952.66 ($5,164.85).

About John Wood Group

John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services in energy, industry, and built environment worldwide. It operates through five segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Specialist Technical Solutions; Environment and Infrastructure Solutions; and Investment Services.

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Analyst Recommendations for John Wood Group (LON:WG)

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