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Pin to quick picksWood Group (J) Share News (WG.)

Share Price Information for Wood Group (J) (WG.)

London Stock Exchange
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Share Price: 196.60
Bid: 196.70
Ask: 197.00
Change: -1.30 (-0.66%)
Spread: 0.30 (0.153%)
Open: 202.00
High: 202.00
Low: 195.50
Prev. Close: 197.90
WG. Live PriceLast checked at -

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Friday tips round-up: WPP, Wood Group, Barratt

Fri, 11th May 2012 06:54

In the Telegraph Questor is still keen on advertising goliath WPP. Yesterday it reported strong revenue growth in all regions, with emerging markets, in particular booming (+11.2 per cent over the prior year). This year has the "golden triple" of the European football championships, the London Olympics and the US presidential election - which should all boost income for advertising firms. Trading at just 10.8 forward earnings WPP is a buy.In the Times Tempus likes Wood Group, the engineering company which provides ongoing maintenance to existing oil and gas facilities as well as constructing new wells and refineries and gas turbines. Gas turbines have done exceptionally well, while the maintenance arm is beginning to punch its weight and the company has exited the more cyclical well support business. Trading at 14 times earnings Tempus says the stock is a strong hold.Housebuilder Barratt isn't viewed quite so positively. Yes, it's gradually selling the low margin land stock it bought before the crisis and yes it is now building in areas of high demand. But the government's NewBuy scheme may not be the panacea the politicians hope and, despite a decent Spring, the housing market has "seen false dawns before". Trading at 15 times earnings, Barratt is a leave.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.BS
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Wood Group to 'engage' with Sidara on takeover proposal

(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.

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5 Jun 2024 19:18

TOP NEWS: John Wood decides to engage with Sidara over possible bid

(Alliance News) - John Wood Group PLC on Wednesday said it has decided to engage with Dar Al-Handasah Consultants Shair & Partners Holdings Ltd after evaluating a fourth bid proposal received last Wednesday.

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29 May 2024 15:35

TOP NEWS: John Wood gets "fourth and final" Sidara takeover bid

(Alliance News) - John Wood Group PLC on Wednesday confirmed that Dar Al-Handasah Consultants Shair & Partners Holdings Ltd has made another cash takeover offer.

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29 May 2024 14:55

Sidara raises proposed buyout offer for UK's Wood Group for third time

May 29 (Reuters) - Dubai-based engineering and consulting firm Sidara on Wednesday raised its proposed takeover offer for John Wood Group for the third time, saying that was its "final offer" for the British oilfield services and engineering company.

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29 May 2024 14:04

Sidara makes final takeover approach to Wood Group at 230p a share

(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

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TOP NEWS: John Wood spurns third takeover approach from Sidara

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Wood Group rejects new 220p-a-share approach from Sidara

(Sharecast News) - Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.

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