Liberum Capital reiterated their buy rating on shares of Weir Group (LON:WEIR) in a research report sent to investors on Monday. The brokerage currently has a GBX 2,400 ($33.16) price target on the stock.

Other equities research analysts also recently issued research reports about the company. Citigroup reissued a buy rating and set a GBX 2,530 ($34.95) price target on shares of Weir Group in a research report on Monday, December 4th. JPMorgan Chase & Co. reissued an overweight rating on shares of Weir Group in a research report on Monday, March 5th. Numis Securities raised Weir Group to an add rating and set a GBX 2,200 ($30.40) price target on the stock in a research report on Thursday, March 1st. Deutsche Bank reissued a buy rating and set a GBX 2,360 ($32.61) price target on shares of Weir Group in a research report on Wednesday, March 14th. Finally, Barclays reissued an overweight rating and set a GBX 2,350 ($32.47) price target on shares of Weir Group in a research report on Tuesday, December 5th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of GBX 2,281.18 ($31.52).

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Shares of Weir Group stock opened at GBX 1,971.50 ($27.24) on Monday. The stock has a market capitalization of $4,410.00 and a P/E ratio of 3,179.84. Weir Group has a 12-month low of GBX 1,696 ($23.43) and a 12-month high of GBX 2,326 ($32.14).

The firm also recently announced a dividend, which will be paid on Monday, June 4th. Shareholders of record on Thursday, April 26th will be issued a GBX 29 ($0.40) dividend. This represents a dividend yield of 1.46%. The ex-dividend date is Thursday, April 26th. This is an increase from Weir Group’s previous dividend of $15.00.

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About Weir Group

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.

Analyst Recommendations for Weir Group (LON:WEIR)

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