JPMorgan Chase & Co. Initiates Coverage on John Wood Group (OTCMKTS:WDGJF)

Equities research analysts at JPMorgan Chase & Co. assumed coverage on shares of John Wood Group (OTCMKTS:WDGJF) in a research note issued on Thursday, StockNewsAPI reports. The firm set an “overweight” rating on the stock.

John Wood Group Price Performance

Shares of WDGJF stock opened at $1.80 on Thursday. The company’s 50-day moving average price is $1.70 and its 200-day moving average price is $2.09. John Wood Group has a twelve month low of $1.48 and a twelve month high of $2.74.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.