Todays Report: Today, Amec Foster Wheeler PLC (AMEC) Rating Decreased to Underperform at BNP Paribas

Today, Amec Foster Wheeler PLC (AMEC) Rating Decreased to Underperform at BNP Paribas

BNP Paribas lowered shares of Amec Foster Wheeler PLC (LON:AMEC) to an underperform rating in a research note issued to investors on Monday morning, StockTargetPrices.com reports. They currently have GBX 395 ($4.94) price objective on the stock, down from their previous price objective of GBX 505 ($6.31).

Several other research analysts have also recently weighed in on AMEC. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 520 ($6.50) target price on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Societe Generale reaffirmed a buy rating and set a GBX 613 ($7.66) target price on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Morgan Stanley decreased their target price on Amec Foster Wheeler PLC from GBX 700 ($8.75) to GBX 625 ($7.81) and set an overweight rating for the company in a research note on Friday, October 28th. Deutsche Bank AG raised their target price on Amec Foster Wheeler PLC from GBX 470 ($5.87) to GBX 500 ($6.25) and gave the company a hold rating in a research note on Wednesday, August 10th. Finally, Barclays PLC reaffirmed an overweight rating on shares of Amec Foster Wheeler PLC in a research note on Wednesday, August 10th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 490.64 ($6.13).

About Amec Foster Wheeler PLC

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