Breaking Finance News

Numis announced Weir Group PLC (LON:WEIR), keeping its stock price target at 2,025.00GBX today

In a report released on 12/05/2017 Numis hold steady the stock price target of Weir Group PLC (LON:WEIR) from 2,025.00GBX to 2,025.00GBX reporting a possible upside of 0.04%.

Previously on Monday December 04, 2017, Deutsche Bank reported on Weir Group PLC (LON:WEIR) held steady the target price at 2,220.00GBX. At the time, this indicated a possible upside of 0.11%.

Just yesterday Weir Group PLC (LON:WEIR) traded 1.64% higher at 1,956.50GBX. Weir Group PLC’s 50-day moving average is 1,955.70GBX and its 200-day moving average is 1,869.95GBX. The last closing price is up 6.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 3,199,127 shares of WEIR traded hands, up from an average trading volume of 1,315,920

Recent Performance Chart

Weir Group PLC (LON:WEIR)

Weir Group PLC has 52 week low of 1,514.98GBX and a 52 week high of 2,154.00GBX with a PE ratio of 64.24 and has a market capitalization of 0 GBX.

In addition to Numis reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is 1,110.25GBX with 0 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 5 brokers rating the stock a hold, 5 brokers rating the stock a underperform, and finally 3 brokers rating the stock a sell.

Brief Synopsis On Weir Group PLC (LON:WEIR)

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. The Oil & Gas segment provides products and service solutions to upstream, production, transportation, refining and related industries. The Flow Control segment designs and manufactures valves and pumps, as well as providing specialist support services to the global power generation, industrial and oil and gas sectors. Its product offerings include pumps, valves, crushers, wellhead, rubber, hydro cyclones, screening equipment, and oil and gas safety products. Its brands include Warman, GEHO, Linatex, Vulco, Cavex, Enduron, Trio, SPM, Mathena, Novatech, Gabbioneta, Hopkinsons, Sarasin-RBSD and Blakeborough.

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