Liberum Capital Reiterates “Hold” Rating for The Weir Group PLC (WEIR)
Shares of The Weir Group PLC (LON:WEIR) traded down 0.37% on Tuesday, hitting GBX 2703.00. The stock had a trading volume of 512,516 shares. The Weir Group PLC has a 52 week low of GBX 2036.00 and a 52 week high of GBX 2848.00. The stock’s 50-day moving average is GBX 2671.88 and its 200-day moving average is GBX 2492.91. The company’s market cap is £5.754 billion.
A number of other analysts have also recently weighed in on WEIR. Analysts at Panmure Gordon reiterated a “sell” rating on shares of The Weir Group PLC in a research note on Thursday, July 17th. They now have a GBX 2,084 ($35.61) price target on the stock. Separately, analysts at HSBC reiterated an “underweight” rating on shares of The Weir Group PLC in a research note on Wednesday, July 16th. They now have a GBX 2,250 ($38.45) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of The Weir Group PLC in a research note on Tuesday, July 15th. They now have a GBX 2,900 ($49.56) price target on the stock. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 2,607 ($44.55).
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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