Canaccord Genuity restated their buy rating on shares of Amec Foster Wheeler PLC (LON:AMFW) in a research note released on Monday morning. Canaccord Genuity currently has a GBX 700 ($9.14) price objective on the stock.
A number of other brokerages have also weighed in on AMFW. Barclays PLC restated an overweight rating on shares of Amec Foster Wheeler PLC in a report on Monday, September 12th. Macquarie boosted their price objective on shares of Amec Foster Wheeler PLC from GBX 430 ($5.61) to GBX 460 ($6.00) and gave the stock an underperform rating in a report on Friday, September 30th. BNP Paribas restated a neutral rating and issued a GBX 580 ($7.57) price objective (up from GBX 530 ($6.92)) on shares of Amec Foster Wheeler PLC in a report on Monday, September 12th. Morgan Stanley upgraded shares of Amec Foster Wheeler PLC to an overweight rating and boosted their price objective for the stock from GBX 500 ($6.53) to GBX 700 ($9.14) in a report on Friday, August 26th. Finally, Credit Suisse Group AG began coverage on shares of Amec Foster Wheeler PLC in a report on Monday, September 19th. They issued an underperform rating and a GBX 450 ($5.87) price objective for the company. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 521.01 ($6.80).
Shares of Amec Foster Wheeler PLC (LON:AMFW) opened at 610.00 on Monday. The firm has a 50-day moving average of GBX 557.89 and a 200-day moving average of GBX 485.94. The firm’s market capitalization is GBX 2.34 billion. Amec Foster Wheeler PLC has a 12-month low of GBX 321.60 and a 12-month high of GBX 841.50.
The firm also recently announced a dividend, which will be paid on Wednesday, January 4th. Stockholders of record on Thursday, November 24th will be given a GBX 7.40 ($0.10) dividend. This represents a dividend yield of 1.37%. The ex-dividend date is Thursday, November 24th.