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

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

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 190.50
Bid: 190.40
Ask: 190.80
Change: 1.20 (0.63%)
Spread: 0.40 (0.21%)
Open: 190.90
High: 194.50
Low: 188.50
Prev. Close: 189.30
WG. Live PriceLast checked at -

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Sector movers: Wood Group and AMEC drag down oil services

Thu, 15th Nov 2012 16:15

Oil services stocks were out of favour on Thursday afternoon with sector constituents Wood Group and AMEC suffering large falls.Oilfield services firm Wood Group sank after Nomura named it as one of the "top 'reduces' for 2013." The broker said that the stock is trading at a 24% premium to the sector average which is "unwarranted given undifferentiated business model and limited upside to earnings per share." Meanwhile, sector peer AMEC was also a heavy faller today following yesterday's third-quarter trading update, in which it warned of a mining slowdown.The engineering consultancy group, which services the mining, nuclear, power and oil and gas markets, said on Wednesday that is was on track to hit its full-year targets despite ongoing economic uncertainty.The firm said mining activity was slowing, but conventional oil and gas activity remained strong, particularly in the North Sea and Gulf of Mexico. Both Canaccord Genuity and Barclays Capital cut their target prices for the stock today.Top performing sectors so far todayIndustrial Metals & Mining 2,391.34 +2.43%Automobiles & Parts 4,781.34 +0.89%Construction & Materials 3,130.84 +0.87%Fixed Line Telecommunications 2,658.63 +0.39%Insurance (non-life) 1,556.31 +0.26%Bottom performing sectors so far todayOil Equipment, Services & Distribution 23,410.81 -3.19%Industrial Transportation 2,276.55 -1.89%General Retailers 1,912.90 -1.49%Life Insurance 4,808.90 -1.48%Aerospace and Defence 3,710.93 -1.33%BC
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8 Mar 2023 11:17

Jefferies downgrades Wood Group to 'hold'

(Sharecast News) - Analysts at Berenberg downgraded engineering services firm Wood Group from 'buy' to 'hold' on Wednesday following a fourth cash offer for the company.

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8 Mar 2023 09:20

LONDON BROKER RATINGS: Jefferies cuts John Wood to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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8 Mar 2023 07:59

LONDON BRIEFING: UK insurers report mixed results and change chairs

(Alliance News) - Stocks in London are set to open lower on Wednesday, as markets saw any prospect of a dovish pivot from the US Federal Reserve dashed on Tuesday after its chair said rates would likely remain high.

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7 Mar 2023 17:15

UK stock indexes close down after Powell's hawkish remarks

Premier Foods climbs on annual profit outlook raise

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7 Mar 2023 17:02

LONDON MARKET CLOSE: Stocks down as Powell comments knock confidence

(Alliance News) - Stock prices in London closed lower on Tuesday, after Federal Reserve Chair Jerome Powell appeared to confirm that interest rates in the US are set to rise higher than markets previously expected.

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7 Mar 2023 12:21

LONDON MARKET MIDDAY: Stocks static ahead of US Fed chair testimony

(Alliance News) - Stock prices in London were broadly flat at midday on Tuesday, though the FTSE 100 crept into the green, as investors waited for Federal Reserve Chair Jerome Powell's two days of testimony before the US Congress.

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7 Mar 2023 12:09

CORRECT: John Wood shares up as receives new Apollo takeover approach

(Correcting headline to clarify that John Wood has not rejected the proposal.)

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7 Mar 2023 11:12

Forget Powell: focus on inflation inputs

STOXX 600 up 0.2%

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7 Mar 2023 10:55

Banks surge ahead in 2023

STOXX 600 up 0.2%

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7 Mar 2023 10:05

TOP NEWS: John Wood shares up as rejects new Apollo takeover approach

(Alliance News) - John Wood Group PLC on Tuesday said it has rebuffed a fourth proposal for a takeover by Apollo Global Management Inc.

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7 Mar 2023 09:45

Britain's Wood Group may reject $1.98 bln Apollo buyout proposal

March 7 (Reuters) - John Wood Group said it may reject a sweetened 1.64 billion pound ($1.98 billion) buyout proposal from private-equity firm Apollo Global Management Inc , as it still undervalued the British oilfield services and engineering company.

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7 Mar 2023 08:56

LONDON MARKET OPEN: European markets subdued before Fed testimony

(Alliance News) - London's equities got off to a lukewarm start on Tuesday, as investor caution prevailed ahead of policy commentary by the head of the US central bank.

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7 Mar 2023 07:49

LONDON BRIEFING: UK house prices rise; John Wood gets 4th Apollo bid

(Alliance News) - Stocks in London were called to open flat on Tuesday, with the market focusing on US monetary policy.

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7 Mar 2023 07:44

Wood Group rejects fourth takeover approach from Apollo

(Sharecast News) - Wood Group said on Tuesday that it was 'minded to reject' a fourth takeover approach from Apollo Global Management as it undervalues the business.

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23 Feb 2023 17:10

FTSE 100 slips as ex-dividend trades weigh, Rolls-Royce soars

Rolls-Royce jumps on upbeat forecast

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