TOday’s Movers: Weir Group (LON:WEIR) Stock Rating Maintained by Analysts at Numis; GBX 1800.00 Target Price Indicates 15.46 % Potential

September 8, 2018 - By Kristin Houston

The Weir Group PLC (LON:WEIR) Logo

Weir Group (LON:WEIR) Rating Reaffirmed

Recently, In analysts note issued to clients on Thursday morning, Weir Group (LON:WEIR) shares have had their “Hold” Rating maintained by equity research analysts at Numis, who currently has a GBX 1800.00 target price per share on firm. This target by Numis would suggest the possibile upside of 15.46 % from the close price.

The Weir Group PLC (LON:WEIR) Ratings Coverage

Among 14 analysts covering Weir Group PLC (LON:WEIR), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Weir Group PLC has GBX 2700 highest and GBX 1800 lowest target. GBX 2319.17’s average target is 44.95% above currents GBX 1600 stock price. Weir Group PLC had 40 analyst reports since March 8, 2018 according to SRatingsIntel. Barclays Capital maintained The Weir Group PLC (LON:WEIR) rating on Thursday, September 6. Barclays Capital has “Top Pick” rating and GBX 2500 target. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, August 1 report. The rating was maintained by Deutsche Bank on Tuesday, May 8 with “Buy”. The firm earned “Buy” rating on Thursday, August 30 by Peel Hunt. The rating was maintained by Liberum Capital with “Buy” on Monday, July 2. As per Monday, July 9, the company rating was upgraded by UBS. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, August 21. The stock of The Weir Group PLC (LON:WEIR) has “Neutral” rating given on Monday, June 11 by BNP Paribas. Peel Hunt maintained the shares of WEIR in report on Thursday, April 19 with “Buy” rating. The firm earned “Buy” rating on Tuesday, July 31 by Liberum Capital.

The stock decreased 1.96% or GBX 32 during the last trading session, reaching GBX 1600. About 2.77M shares traded or 80.96% up from the average. The Weir Group PLC (LON:WEIR) has 0.00% since September 8, 2017 and is . It has underperformed by 12.57% the S&P500.

The Weir Group PLC designs, manufactures, and sells highly-engineered services and products worldwide. The company has market cap of 4.14 billion GBP. The firm operates in three divisions: Minerals, Oil & Gas, and Flow Control. It has a 19.88 P/E ratio. The Minerals segment engineers pumps, valves, cyclones, crushers, high pressure grinding rolls, rubber, and other solutions; and provides slurry handling equipment and associated aftermarket support services for mining, sand and aggregates, and oil sands markets.

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