John Wood Group (LON:WG) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of John Wood Group (LON:WG - Free Report) in a research note released on Tuesday, Digital Look reports. Canaccord Genuity Group currently has a GBX 250 ($3.27) target price on the stock.

Separately, Berenberg Bank reissued a hold rating and set a GBX 150 ($1.96) price target on shares of John Wood Group in a research note on Friday, August 23rd.

John Wood Group Price Performance

Shares of WG traded up GBX 1.60 ($0.02) on Tuesday, hitting GBX 127 ($1.66). The company's stock had a trading volume of 1,280,915 shares, compared to its average volume of 530,810. The company has a market capitalization of £873.11 million, a PE ratio of -110.43, a PEG ratio of 0.33 and a beta of 1.36. John Wood Group has a fifty-two week low of GBX 117.67 ($1.54) and a fifty-two week high of GBX 213.20 ($2.79). The company has a 50 day moving average price of GBX 136.55 and a 200 day moving average price of GBX 162.50. The company has a debt-to-equity ratio of 66.76, a current ratio of 0.98 and a quick ratio of 0.75.

Insider Activity

In other John Wood Group news, insider Ken Gilmartin purchased 3,256 shares of the company's stock in a transaction that occurred on Thursday, July 18th. The stock was acquired at an average cost of GBX 205 ($2.68) per share, with a total value of £6,674.80 ($8,735.51). In related news, insider Ken Gilmartin acquired 3,256 shares of the firm's stock in a transaction that occurred on Thursday, July 18th. The stock was acquired at an average cost of GBX 205 ($2.68) per share, with a total value of £6,674.80 ($8,735.51). Also, insider Birgitte Brinch Madsen acquired 15,000 shares of the company's stock in a transaction that occurred on Thursday, August 29th. The stock was bought at an average price of GBX 132 ($1.73) per share, with a total value of £19,800 ($25,912.84). Insiders have bought 28,411 shares of company stock valued at $3,982,826 over the last 90 days. 1.81% of the stock is owned by company insiders.

John Wood Group Company Profile

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.