Weir Group PLC (LON:WEIR) had its price objective upped by investment analysts at BNP Paribas from GBX 2,000 ($24.99) to GBX 2,200 ($27.49) in a research note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. BNP Paribas’ price target indicates a potential upside of 9.24% from the company’s previous close.

WEIR has been the subject of several other research reports. Bank of America Corporation raised their target price on Weir Group PLC from GBX 2,050 ($25.62) to GBX 2,100 ($26.24) and gave the stock a “buy” rating in a research report on Wednesday, January 11th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 1,900 ($23.74) target price on shares of Weir Group PLC in a research report on Thursday, December 1st. Barclays PLC decreased their target price on Weir Group PLC from GBX 1,650 ($20.62) to GBX 1,600 ($20.00) and set an “equal weight” rating for the company in a research report on Wednesday, November 2nd. Canaccord Genuity raised their target price on Weir Group PLC from GBX 1,350 ($16.87) to GBX 1,600 ($20.00) and gave the stock a “sell” rating in a research report on Friday, January 6th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,200 ($27.49) target price on shares of Weir Group PLC in a research report on Thursday, January 19th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company’s stock. Weir Group PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 1,603.25 ($20.04).

Analyst Recommendations for Weir Group PLC (LON:WEIR)

Weir Group PLC (LON:WEIR) traded down 0.35% during midday trading on Friday, hitting GBX 2014.00. The stock had a trading volume of 720,568 shares. The stock’s market cap is GBX 4.32 billion. The company’s 50-day moving average price is GBX 1,987.65 and its 200 day moving average price is GBX 1,758.85. Weir Group PLC has a 12-month low of GBX 838.00 and a 12-month high of GBX 2,060.00.

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Weir Group PLC Company Profile

The Weir Group PLC is engaged in engineering businesses. The Company operates through three segments: Minerals, Oil & Gas, and Power & Industrial. 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.

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