Weir Group’s (WEIR) Neutral Rating Reiterated at Goldman Sachs Group
Goldman Sachs Group reaffirmed their neutral rating on shares of Weir Group (LON:WEIR) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently commented on WEIR. UBS Group reaffirmed a buy rating and set a GBX 285 ($3.72) target price on shares of in a report on Friday, June 21st. Barclays set a $164.00 target price on Jazz Pharmaceuticals and gave the stock a buy rating in a report on Wednesday, July 3rd. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of in a report on Friday, June 28th. Canaccord Genuity downgraded Cronos Group from a hold rating to a sell rating and set a C$17.00 target price on the stock. in a report on Wednesday, March 27th. Finally, Royal Bank of Canada set a €475.00 ($552.33) target price on Rational and gave the stock a sell rating in a report on Monday, May 20th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 1,844.67 ($24.10).
Shares of WEIR opened at GBX 1,515 ($19.80) on Wednesday. The firm has a market cap of $3.93 billion and a P/E ratio of 204.73. Weir Group has a 12 month low of GBX 1,222.50 ($15.97) and a 12 month high of GBX 2,032 ($26.55). The stock’s 50-day moving average is GBX 1,508.13. The company has a debt-to-equity ratio of 65.31, a current ratio of 1.30 and a quick ratio of 0.56.
Weir Group Company Profile
The Weir Group PLC designs, manufactures, and sells highly-engineered products and services worldwide. It operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment engineers pumps, valves, rubber, crushers, screen media systems, screens, hose and pipe pools, centrifuges, pontoons and barges, hydrocyclones, wear linings, mill liners, feeders, conveyors, and washers; and offers slurry handling equipment and associated aftermarket support services for mining, and oil sands markets.
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