AMEC Foster Wheeler plc American Depositary Shares (AMFW) Upgraded to Hold by BidaskClub

BidaskClub upgraded shares of AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW) from a sell rating to a hold rating in a report published on Tuesday.

A number of other equities analysts also recently issued reports on AMFW. Zacks Investment Research downgraded AMEC Foster Wheeler plc American Depositary Shares from a hold rating to a sell rating in a research note on Thursday, September 7th. Numis Securities Ltd raised AMEC Foster Wheeler plc American Depositary Shares from a hold rating to a buy rating in a research note on Tuesday, July 4th. Finally, Macquarie raised AMEC Foster Wheeler plc American Depositary Shares from a neutral rating to an outperform rating in a research note on Wednesday, May 24th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. AMEC Foster Wheeler plc American Depositary Shares has an average rating of Hold.

AMEC Foster Wheeler plc American Depositary Shares (AMFW) opened at 6.12 on Tuesday. The stock’s market capitalization is $2.34 billion. The company’s 50-day moving average price is $5.62 and its 200 day moving average price is $6.21. AMEC Foster Wheeler plc American Depositary Shares has a 12 month low of $4.96 and a 12 month high of $7.70.

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Several hedge funds have recently modified their holdings of the company. Capstone Asset Management Co. raised its stake in shares of AMEC Foster Wheeler plc American Depositary Shares by 4.0% during the 2nd quarter. Capstone Asset Management Co. now owns 44,970 shares of the company’s stock worth $271,000 after buying an additional 1,710 shares in the last quarter. Northern Trust Corp raised its stake in shares of AMEC Foster Wheeler plc American Depositary Shares by 8.6% during the 2nd quarter. Northern Trust Corp now owns 192,085 shares of the company’s stock worth $1,156,000 after buying an additional 15,143 shares in the last quarter. Comerica Bank purchased a new position in shares of AMEC Foster Wheeler plc American Depositary Shares during the 2nd quarter worth approximately $118,000. World Asset Management Inc purchased a new position in shares of AMEC Foster Wheeler plc American Depositary Shares during the 2nd quarter worth approximately $138,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of AMEC Foster Wheeler plc American Depositary Shares by 74.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 289,649 shares of the company’s stock worth $1,908,000 after buying an additional 123,332 shares in the last quarter.

Analyst Recommendations for AMEC Foster Wheeler plc American Depositary Shares (NASDAQ:AMFW)

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