The Weir Group PLC Rating Reiterated by RBC Capital (WEIR)
The Weir Group PLC (LON:WEIR)‘s stock had its “outperform” rating restated by RBC Capital in a research note issued on Thursday. They currently have a GBX 2,900 ($49.40) target price on the stock. RBC Capital’s target price would suggest a potential upside of 10.22% from the stock’s previous close.
WEIR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of The Weir Group PLC from GBX 2,600 ($44.29) to GBX 2,660 ($45.31) in a research note on Tuesday. They now have a “neutral” rating on the stock. Separately, analysts at Investec reiterated a “sell” rating on shares of The Weir Group PLC in a research note on Wednesday, June 18th. They now have a GBX 2,410 ($41.05) price target on the stock. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 2,526.12 ($43.03).
The Weir Group PLC (LON:WEIR) opened at 2684.00 on Thursday. The Weir Group PLC has a 1-year low of GBX 2036.00 and a 1-year high of GBX 2835.8088. The stock’s 50-day moving average is GBX 2615.11 and its 200-day moving average is GBX 2427.63. The company’s market cap is £5.713 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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