Amec Foster Wheeler PLC (LON:AMEC) had its price target upped by Macquarie from GBX 430 ($5.61) to GBX 460 ($6.00) in a research report report published on Friday, StockTargetPrices.com reports. Macquarie currently has an underperform rating on the stock.
Several other analysts have also recently commented on the stock. Goldman Sachs Group Inc. reiterated a buy rating on shares of Amec Foster Wheeler PLC in a research note on Friday, June 3rd. JPMorgan Chase & Co. decreased their price target on shares of Amec Foster Wheeler PLC from GBX 619 ($8.08) to GBX 540 ($7.05) and set an overweight rating on the stock in a research note on Thursday, June 16th. Deutsche Bank AG began coverage on shares of Amec Foster Wheeler PLC in a research note on Monday, July 11th. They issued a hold rating and a GBX 470 ($6.13) price target on the stock. Societe Generale reiterated a buy rating and issued a GBX 613 ($8.00) price target on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Finally, Barclays PLC reiterated an overweight rating on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 517.69 ($6.76).
About Amec Foster Wheeler PLC
Amec Foster Wheeler plc operates across the oil and gas value chain from production to refining, processing and distribution of derivative products in oil and gas, mining, clean energy, and the environment and infrastructure markets. The Company’s segments include Americas; Northern Europe and CIS (NECIS); Asia, Middle East, Africa and Southern Europe (AMEASE); Global Power Group, and Investment Services.
Receive News & Ratings for Amec Foster Wheeler PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amec Foster Wheeler PLC and related companies with MarketBeat.com's FREE daily email newsletter.