BNP Paribas Reiterates Outperform Rating for The Weir Group PLC (WEIR)
The Weir Group PLC (LON:WEIR)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Wednesday. They currently have a GBX 2,850 ($48.38) price target on the stock. BNP Paribas’ price objective indicates a potential upside of 9.24% from the company’s current price.
A number of other analysts have also recently weighed in on WEIR. Analysts at Credit Suisse reiterated a “neutral” rating on shares of The Weir Group PLC in a research note on Monday. They now have a GBX 2,540 ($43.12) 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 Friday, June 13th. They now have a GBX 2,900 ($49.23) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of The Weir Group PLC in a research note on Thursday, June 12th. They now have a GBX 2,700 ($45.83) price target on the stock. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 2,524.67 ($42.86).
The Weir Group PLC (LON:WEIR) traded up 0.69% during mid-day trading on Wednesday, hitting GBX 2627.00. The stock had a trading volume of 484,169 shares. The Weir Group PLC has a one year low of GBX 2034.00 and a one year high of GBX 2835.8088. The stock has a 50-day moving average of GBX 2622.84 and a 200-day moving average of GBX 2388.. The company’s market cap is £5.592 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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