The Weir Group PLC Stock Rating Reaffirmed by Citigroup Inc. (WEIR)
The Weir Group PLC (LON:WEIR)‘s stock had its “neutral” rating reiterated by research analysts at Citigroup Inc. in a report released on Monday, Analyst Ratings Network reports.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of The Weir Group PLC in a research note on Monday. They now have a GBX 2,700 ($45.36) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of The Weir Group PLC in a research note on Wednesday, April 16th. They now have a GBX 2,900 ($48.72) price target on the stock. Finally, analysts at Berenberg Bank downgraded shares of The Weir Group PLC to a “hold” rating in a research note on Friday, April 11th. They now have a GBX 2,615 ($43.93) price target on the stock, up previously from GBX 2,570 ($43.18). Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 2,398.61 ($40.30).
Shares of The Weir Group PLC (LON:WEIR) opened at 2690.95 on Monday. The Weir Group PLC has a 52-week low of GBX 2034.00 and a 52-week high of GBX 2733.00. The stock has a 50-day moving average of GBX 2531.15 and a 200-day moving average of GBX 2285.88. The company’s market cap is £5.728 billion.
The Weir Group PLC is engaged in engineering businesses. It operates in three segments: Minerals, Oil and Gas, and Power and Industrial.
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