Brokerages Set John Wood Group PLC (OTCMKTS:WDGJF) Price Target at $197.33

John Wood Group PLC (OTCMKTS:WDGJF – Get Rating) has received a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $197.33.

WDGJF has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on John Wood Group from GBX 237 ($2.95) to GBX 217 ($2.70) in a research report on Thursday, January 26th. Jefferies Financial Group cut John Wood Group from a “buy” rating to a “hold” rating in a research report on Wednesday, March 8th. Berenberg Bank lowered shares of John Wood Group from a “buy” rating to a “hold” rating in a research report on Friday, March 31st. Finally, Canaccord Genuity Group lowered shares of John Wood Group from a “buy” rating to a “hold” rating in a report on Thursday, April 13th.

John Wood Group Price Performance

Shares of OTCMKTS WDGJF opened at $1.75 on Friday. John Wood Group has a 1-year low of $1.19 and a 1-year high of $3.15. The stock has a fifty day simple moving average of $2.58 and a two-hundred day simple moving average of $2.09.

About John Wood Group

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John Wood Group Plc engages in providing project, engineering, and technical services to energy and industrial markets. It operates through the following business segments: Projects, Operations, Consulting, Built Environment Consulting, and Investment Services. It also operates through the United States of America, Europe, and Rest of the World geographical segments.