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Weir Group PLC (LON:WEIR) target price held steady at 1,220.00GBX, reported today by JP Morgan Cazenove

Yesterday Weir Group PLC (LON:WEIR) traded 1.18% lower at 1,354.50GBX. WEIR’s 50-day average is 1,530.89GBX and its 200-day moving average is 1,298.52GBX. The last stock price is up 16.29% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 2,531,188 shares of WEIR exchanged hands, up from ann avg. trading volume of 1,266,980.

JP Morgan Cazenove held the estimated target of Weir Group PLC (LON:WEIR) at 1,220GBX, stating a possible downside of -0.10%,

On 8/16/2016, HSBC reported on Weir Group PLC(LON:WEIR) bumped the target price from 1,500.00GBX to 1,750.00GBX that suggested an upside of 0.10%.

Performance Graph:

Weir Group PLC (LON:WEIR)

A total of 16 brokers have reported on Weir Group PLC. Zero rate the company a strong buy, five firms rate the company a buy, five analyts rate the stock a hold, five firms rate the company to underperform, and finally three firmsrate the company as sell with a consensus target of 1,110.25GBX

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

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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