RBC Capital raises target price on John Wood
27th Nov 2020 10:13
(Sharecast News) - Analysts at RBC Capital Markets raised their target price on multinational energy services company John Wood Group from 300.0p to 360.0p on Friday following a guidance update from the firm's board.
Read moreWood Group extends, steps down revolving credit facility
9th Oct 2020 07:47
(Sharecast News) - Engineering outfit Wood Group on Friday said it had extended its revolving credit facility to May 2023 and would cut it to $1.5bn.
Read moreMonday broker round-up
21st Sep 2020 13:19
(Sharecast News) - Burberry Group: RBC Capital Markets upgrades to sector perform with a target price of 1,620.0p.
Read moreBerenberg raises target price on John Wood
22nd Jun 2020 09:26
(Sharecast News) - Analysts at Berenberg raised their target on oil field services group John Wood from 230p to 300p on Monday, stating the company had managed to protect margins throughout the coronavirus-fuelled downturn.
Read moreWood Group sees 19% fall in interim earnings
19th Jun 2020 07:01
(Sharecast News) - Wood Group said it expected a 19% fall in first half core earnings as the coronavirus pandemic hammered the oil and gas sector.
Read moreWood Group secures $200m solar EPC contract with US energy firm
16th Jun 2020 09:07
(Sharecast News) - Engineering and consulting company Wood Group has secured two solar engineering, procurement and construction contracts worth over $200m.
Read moreWood Group sets 'science-based' greenhouse gas targets
5th Jun 2020 07:51
(Sharecast News) - John Wood Group announced its pledge to set a "science-based target" to reduce its scope one and two greenhouse gas emissions by 40% by 2030 on Friday.
Read moreFTSE 250 movers: William Hill will make it as will some oilers, analysts say
27th Apr 2020 15:13
(Sharecast News) - London's second-tier index started the week on the front foot as investors cheered news on both sides of the Pond that authorities were moving to gradually ease the lockdown measures put in place to stem the Covid-19 pandemic.
Read moreFTSE 250 movers: Hopes of Russian-Saudi detente boosts oilers
2nd Apr 2020 14:54
(Sharecast News) - Crude oil futures rallied amid hopes for a Russia-Saudi detente in their oil price war, helping to keep losses on London's second-tier index in check.
Read moreWood Group pulls dividend, cuts executive pay, axing some staff
2nd Apr 2020 07:53
(Sharecast News) - Wood Group pulled its dividend, implemented a 10% pay cut for executive directors and admitted it would have to axe some staff as the impact of the coronavirus pandemic was felt through the business.
Read moreFriday broker round-up
20th Mar 2020 13:28
(Sharecast News) - Bunzl: Credit Suisse downgrades to underperform with a target price of 1,195p.
Read moreWood Group revenue falls as it talks up agility in uncertain market
10th Mar 2020 08:25
(Sharecast News) - Wood Group reported a 1.2% fall in revenue in its final results on Tuesday, to $9.89bn (?7.57bn), which it said reflected "generally robust activity" across the energy and built environment markets during the year.
Read moreWood Group gets CMA approval for nuclear business sale
4th Mar 2020 12:24
(Sharecast News) - The Competition and Markets Authority has approved the sale of John Wood Group's nuclear business to Jacobs Engineering.
Read moreWood Group surges as core earnings set to rise
16th Jan 2020 09:25
(Sharecast News) - Wood Group surged on Thursday after the oilfield services provider said full-year core earnings were set rise on the year.
Read moreWood Group share price drop 'overdone', says Morgan Stanley
9th Jan 2020 12:39
(Sharecast News) - Analysts at Morgan Stanley labeled the sharp drop in shares of John Wood Group in the wake of the Competition and Markets Authority's launch of an inquiry into the sale of its nuclear assets "overdone".
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