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Wood Group – possible bid updates on this winning share tip

By Tom Winnifrith & Steve Moore | Friday 24 May 2024


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


On re-recommending shares in energy and related services business Wood Group (WG.) in August last year at a 156.7p offer price we considered there upside to 200p+ from trading recovery fundamentals and possibly more from possible offer interest after prior such interest. The group has now confirmed there’s again been possible cash offers for it.

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