Amec Foster Wheeler (OTC:AMFW) Downgrade of Rating

EU-listed Amec Foster Wheeler (OTC:AMFW), was downgraded by equity research analysts at Citigroup. Citigroup downgraded its rating on the $2.59 billion market cap company to “Neutral” from a previous “Buy”.

Amec Foster Wheeler (OTC:AMFW) traded down -7.37% on 14 March, hitting $6.16. A total of 225,018 shares of the company’s stock traded hands. This is up from average of 203,432 shares. Amec Foster Wheeler has a 52 week low of $4.96 and a 52 week high of $7.82. The company has a market cap of $2.59 billion and a P/E ratio of 0.

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The post Amec Foster Wheeler (OTC:AMFW) Given a “Neutral” Rating by Analysts at Citigroup. Lost Its “Buy” Rating appeared first on Octafinance.