Canaccord Genuity Boosts Weir Group PLC (WEIR) Price Target to GBX 2,200
Weir Group PLC (LON:WEIR) had its target price hoisted by Canaccord Genuity from GBX 2,000 ($26.39) to GBX 2,200 ($29.03) in a research note issued to investors on Thursday. Canaccord Genuity currently has a buy rating on the stock.
WEIR has been the topic of a number of other research reports. Citigroup Inc. restated a buy rating and issued a GBX 2,350 ($31.01) target price on shares of Weir Group PLC in a report on Tuesday, September 26th. Barclays PLC restated an overweight rating and issued a GBX 2,350 ($31.01) target price on shares of Weir Group PLC in a report on Thursday, August 17th. Peel Hunt upgraded Weir Group PLC to a buy rating and raised their target price for the company from GBX 2,000 ($26.39) to GBX 2,100 ($27.71) in a report on Friday, August 25th. Deutsche Bank AG reiterated a buy rating on shares of Weir Group PLC in a report on Monday, July 10th. Finally, Goldman Sachs Group, Inc. (The) reiterated a buy rating and set a GBX 2,400 ($31.67) price target on shares of Weir Group PLC in a report on Thursday, July 20th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the stock. Weir Group PLC presently has an average rating of Buy and a consensus target price of GBX 2,065.63 ($27.26).
Weir Group PLC (LON:WEIR) opened at GBX 2,040 ($26.92) on Thursday. Weir Group PLC has a twelve month low of GBX 1,514.98 ($19.99) and a twelve month high of GBX 2,154 ($28.42).
In other Weir Group PLC news, insider Christopher Morgan sold 464 shares of the firm’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of GBX 1,824 ($24.07), for a total value of £8,463.36 ($11,168.33).
Weir Group PLC Company Profile
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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