Weir Group (LON:WEIR)‘s stock had its “neutral” rating reaffirmed by research analysts at Credit Suisse in a report released on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 2,210 ($36.13) price objective on the stock. Credit Suisse’s target price suggests a potential upside of 4.59% from the company’s current price.
A number of other analysts have also recently weighed in on WEIR. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Weir Group in a research note to investors on Thursday, November 28th. They now have a GBX 2,600 ($42.51) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Weir Group in a research note to investors on Tuesday, November 19th. They now have a GBX 2,675 ($43.74) price target on the stock. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 2,315.09 ($37.85).
Weir Group (LON:WEIR) opened at 2082.00 on Thursday. Weir Group has a 52 week low of GBX 1753.0001 and a 52 week high of GBX 2490.00. The stock has a 50-day moving average of GBX 2194.33 and a 200-day moving average of GBX 2223.. The company’s market cap is £4.430 billion.
The Weir Group PLC operates in three segments: Minerals, Oil and Gas, and Power and Industrial. The Minerals segment designs and manufactures pumps, hydrocyclones, valves and other complementary equipment for the mining, flue gas desulphurisation and oil sands markets.
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