Weir Group’s (WEIR) Neutral Rating Reiterated at Goldman Sachs Group
Goldman Sachs Group reiterated their neutral rating on shares of Weir Group (LON:WEIR) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports.
Other analysts have also recently issued reports about the company. Royal Bank of Canada set a €475.00 ($552.33) price objective on Rational and gave the company a sell rating in a research report on Monday, May 20th. Liberum Capital reaffirmed a buy rating and issued a GBX 1,350 ($17.64) price objective on shares of in a research report on Friday, June 21st. UBS Group reaffirmed a buy rating and issued a GBX 285 ($3.72) price objective on shares of in a research report on Friday, June 21st. Peel Hunt reaffirmed a buy rating on shares of Lookers in a research report on Monday, July 8th. Finally, Credit Suisse Group initiated coverage on Yunji in a research report on Wednesday, July 3rd. They issued an outperform rating and a $14.50 price objective for the company. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 1,844.67 ($24.10).
WEIR opened at GBX 1,515 ($19.80) on Wednesday. Weir Group has a 12-month low of GBX 1,222.50 ($15.97) and a 12-month high of GBX 2,032 ($26.55). The firm has a market capitalization of $3.93 billion and a PE ratio of 204.73. The company has a 50 day simple moving average of GBX 1,508.13. The company has a debt-to-equity ratio of 65.31, a quick ratio of 0.56 and a current ratio of 1.30.
About Weir Group
The Weir Group PLC designs, manufactures, and sells highly-engineered products and services worldwide. It operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment engineers pumps, valves, rubber, crushers, screen media systems, screens, hose and pipe pools, centrifuges, pontoons and barges, hydrocyclones, wear linings, mill liners, feeders, conveyors, and washers; and offers slurry handling equipment and associated aftermarket support services for mining, and oil sands markets.
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