John Wood Group (LON:WG) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of John Wood Group (LON:WG) in a research note released on Friday, Digital Look reports. They currently have a GBX 150 ($1.98) price objective on the stock.

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

John Wood Group Stock Down 0.5 %

WG traded down GBX 0.70 ($0.01) during trading on Friday, reaching GBX 132.30 ($1.74). 1,925,348 shares of the stock traded hands, compared to its average volume of 530,810. The stock has a market cap of £909.55 million, a price-to-earnings ratio of -113.08, a price-to-earnings-growth ratio of 0.33 and a beta of 1.47. John Wood Group has a fifty-two week low of GBX 117.67 ($1.55) and a fifty-two week high of GBX 213.20 ($2.81). 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 stock’s 50-day simple moving average is GBX 180.99 and its two-hundred day simple moving average is GBX 166.70.

Insider Transactions at John Wood Group

In other John Wood Group news, insider Ken Gilmartin bought 5,041 shares of John Wood Group stock in a transaction dated Thursday, August 15th. The shares were acquired at an average cost of GBX 132 ($1.74) per share, with a total value of £6,654.12 ($8,775.05). 1.80% of the stock is owned by company insiders.

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.