Berenberg Bank Reiterates “Hold” Rating for John Wood Group (LON:WG)

John Wood Group (LON:WG)‘s stock had its “hold” rating reissued by investment analysts at Berenberg Bank in a report released on Friday, Digital Look reports. They currently have a GBX 150 ($1.98) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 13.38% from the stock’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 250 ($3.30) price objective on shares of John Wood Group in a report on Tuesday, August 6th.

John Wood Group Stock Down 0.5 %

WG stock opened at GBX 132.30 ($1.74) on Friday. The company has a market capitalization of £909.55 million, a P/E ratio of -113.08, a price-to-earnings-growth ratio of 0.33 and a beta of 1.47. The company has a debt-to-equity ratio of 66.76, a current ratio of 0.98 and a quick ratio of 0.75. The firm’s fifty day simple moving average is GBX 180.99 and its 200-day simple moving average is GBX 166.70. John Wood Group has a 12 month low of GBX 117.67 ($1.55) and a 12 month high of GBX 213.20 ($2.81).

Insider Buying and Selling at John Wood Group

In other John Wood Group news, insider Ken Gilmartin acquired 5,041 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was purchased at an average price of GBX 132 ($1.74) per share, for a total transaction of £6,654.12 ($8,775.05). Company insiders own 1.80% of the company’s stock.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.