Weir Group PLC (WEIR) Given Average Recommendation of “Buy” by Brokerages
Weir Group PLC (LON:WEIR) has been assigned a consensus recommendation of “Buy” from the sixteen analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,088.75 ($27.47).
WEIR has been the topic of a number of recent research reports. Deutsche Bank AG reiterated a “buy” rating and set a GBX 2,220 ($29.20) price target on shares of Weir Group PLC in a research note on Monday, August 7th. reiterated a “buy” rating and set a GBX 2,300 ($30.25) price target on shares of Weir Group PLC in a research note on Friday, September 29th. Citigroup Inc. reiterated a “buy” rating and set a GBX 2,350 ($30.91) price target on shares of Weir Group PLC in a research note on Tuesday, September 26th. Peel Hunt reiterated a “buy” rating and set a GBX 2,100 ($27.62) price target on shares of Weir Group PLC in a research note on Friday, September 15th. Finally, Canaccord Genuity upgraded shares of Weir Group PLC to a “buy” rating and set a GBX 2,000 ($26.31) price target on the stock in a research note on Tuesday, September 5th.
TRADEMARK VIOLATION WARNING: “Weir Group PLC (WEIR) Given Average Recommendation of “Buy” by Brokerages” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.americanbankingnews.com/2017/11/23/weir-group-plc-weir-given-average-recommendation-of-buy-by-brokerages.html.
In other Weir Group PLC news, insider Barbara Jeremiah purchased 250 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average cost of GBX 2,016 ($26.52) per share, with a total value of £5,040 ($6,628.96). Also, insider Christopher Morgan sold 464 shares of the stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of GBX 1,824 ($23.99), for a total value of £8,463.36 ($11,131.61).
Weir Group PLC Company Profile
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.
Receive News & Ratings for Weir Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weir Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.