Weir Group PLC (LON:WEIR)‘s stock had its “outperform” rating reiterated by BNP Paribas in a research report issued to clients and investors on Tuesday, July 18th. They currently have a GBX 2,300 ($29.96) price target on the stock. BNP Paribas’ target price suggests a potential upside of 23.46% from the stock’s previous close.
WEIR has been the subject of several other research reports. Citigroup Inc. restated a “buy” rating and issued a GBX 2,270 ($29.57) price objective on shares of Weir Group PLC in a research report on Friday, April 28th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Weir Group PLC in a report on Monday, July 10th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Weir Group PLC in a report on Tuesday, April 18th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,300 ($29.96) target price on shares of Weir Group PLC in a report on Tuesday, April 25th. Finally, Numis Securities Ltd raised shares of Weir Group PLC to a “hold” rating and set a GBX 1,850 ($24.10) target price for the company in a report on Tuesday, April 25th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,915.79 ($24.96).
Weir Group PLC (LON WEIR) opened at 1863.00 on Tuesday. The stock’s market cap is GBX 4.05 billion. The company’s 50-day moving average price is GBX 1,819.95 and its 200-day moving average price is GBX 1,904.73. Weir Group PLC has a 1-year low of GBX 1,379.00 and a 1-year high of GBX 2,096.00.
In other Weir Group PLC news, insider Jon Stanton sold 11,909 shares of the business’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of GBX 1,920 ($25.01), for a total transaction of £228,652.80 ($297,880.15).
About Weir Group PLC
The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The Company’s business operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment is engaged in the provision of slurry handling equipment and associated aftermarket support for abrasive high wear applications used in the mining and oil sands markets.
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