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A report released today by JP Morgan Cazenove about Weir Group PLC (LON:WEIR) bumps the target price to 1,775.00GBX

JP Morgan Cazenove bumped the target stock price of Weir Group PLC (LON:WEIR) to 1,775GBX, stating a possible upside of 0.31%.

On 8/22/2016, JP Morgan Cazenove reported on Weir Group PLC(LON:WEIR) bumped the target price at 1,220.00GBX. At the time, this indicated a possible downside of -0.10%.

Having a price of 1,359.00GBX, Weir Group PLC (LON:WEIR) traded 1.18% lower on the day. The last stock price close is up 16.29% relative to the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. WEIR has logged a 50-day average of 1,530.89GBX and 200-day average of 1,298.52GBX. 2,531,188 shares of Weir Group PLC were exchanged, up from ann avg. volume of 1,266,980

See Chart Below:

Weir Group PLC (LON:WEIR)

With a market capitalization of 0.0 GBX, Weir Group PLC has a price-earnings of 0 with a one-year low of 764.50GBX and a 52 week high of 1,646.00GBX.

Also covering Weir Group PLC’s price target, a total of 16 brokers have released a report on the stock. The consensus target is 1,110.25GBX with 0 rating the company a strong buy, five firms rating the stock a buy, five firms rating the stock a hold, five firms rating the company to underperform, and lastly three firmsrating the company as sell.

Brief Synopsis About Weir Group PLC (LON:WEIR)

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. The Oil & Gas segment provides products and service solutions to upstream, production, transportation, refining and related industries. The Power & Industrial segment designs and manufactures valves, pumps and turbines, and provides specialist support services to the power generation, industrial, and oil and gas sectors. Its brands include Warman, GEHO, Linatex, Vulco, Cavex, Enduron, Trio, SPM, Seaboard, Mathena, Novatech, Gabbioneta, Hopkinsons, Atwood & Morrill, and Sarasin-RBSD and Blakeborough.

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