Weir Group (WEIR) Earns “Buy” Rating from Liberum Capital
Other equities analysts have also issued research reports about the stock. Citigroup reaffirmed a buy rating and set a GBX 2,530 ($34.95) target price on shares of Weir Group in a research report on Monday, December 4th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Weir Group in a research report on Monday, March 5th. Numis Securities raised shares of Weir Group to an add rating and set a GBX 2,200 ($30.40) target price on the stock in a research report on Thursday, March 1st. Deutsche Bank reaffirmed a buy rating and set a GBX 2,360 ($32.61) target price on shares of Weir Group in a research report on Wednesday, March 14th. Finally, Barclays reaffirmed an overweight rating and set a GBX 2,350 ($32.47) target price on shares of Weir Group in a research report on Tuesday, December 5th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 2,281.18 ($31.52).
Shares of Weir Group stock opened at GBX 1,970.50 ($27.22) on Monday. Weir Group has a one year low of GBX 1,696 ($23.43) and a one year high of GBX 2,326 ($32.14). The firm has a market cap of $4,410.00 and a price-to-earnings ratio of 3,178.23.
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About Weir Group
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.
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