Trade Report: The Royal Bank Of Canada Initiates Coverage on AMEC Foster Wheeler plc American Depositary Shares (AMFW)

The Royal Bank Of Canada Initiates Coverage on AMEC Foster Wheeler plc American Depositary Shares (AMFW)

Stock analysts at Royal Bank Of Canada began coverage on shares of AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) in a research report issued to clients and investors on Tuesday. The brokerage set a “sector perform” rating on the stock.

Several other equities analysts have also recently issued reports on AMFW. Citigroup Inc. cut shares of AMEC Foster Wheeler plc American Depositary Shares from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 5th. Bank of America Corp. upgraded shares of AMEC Foster Wheeler plc American Depositary Shares from a “neutral” rating to a “buy” rating in a research report on Friday, September 2nd. Finally, Credit Suisse Group AG started coverage on shares of AMEC Foster Wheeler plc American Depositary Shares in a research report on Monday, September 19th. They issued an “underperform” rating for the company. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold”.

AMEC Foster Wheeler plc American Depositary Shares (NYSE:AMFW) opened at 7.42 on Tuesday. The firm has a 50-day moving average of $7.31 and a 200-day moving average of $6.63. AMEC Foster Wheeler plc American Depositary Shares has a 52 week low of $4.57 and a 52 week high of $12.62. The company’s market capitalization is $2.84 billion.

Several large investors have recently bought and sold shares of AMFW. OLD Mission Capital LLC purchased a new stake in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at $1,283,000. JPMorgan Chase & Co. boosted its stake in AMEC Foster Wheeler plc American Depositary Shares by 1,468.7% in the first quarter. JPMorgan Chase & Co. now owns 176,350 shares of the company’s stock valued at $1,128,000 after buying an additional 165,108 shares during the period. Goldman Sachs Group Inc. boosted its stake in AMEC Foster Wheeler plc American Depositary Shares by 234.7% in the first quarter. Goldman Sachs Group Inc. now owns 155,664 shares of the company’s stock valued at $996,000 after buying an additional 109,162 shares during the period. Renaissance Technologies LLC boosted its stake in AMEC Foster Wheeler plc American Depositary Shares by 113.7% in the first quarter. Renaissance Technologies LLC now owns 150,000 shares of the company’s stock valued at $960,000 after buying an additional 79,800 shares during the period. Finally, Bessemer Group Inc. purchased a new stake in AMEC Foster Wheeler plc American Depositary Shares during the first quarter valued at $448,000.

Related posts

Leave a Comment