Home » Reports » Broker Ratings » Weir Group 18.7% Potential Upside Indicated by Credit Suisse

Weir Group 18.7% Potential Upside Indicated by Credit Suisse

Weir Group using EPIC/TICKER code (LON:WEIR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Weir Group are listed in the Industrials sector within UK Main Market. Credit Suisse have set their target price at 1600 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 18.7% from the opening price of 1348 GBX. Over the last 30 and 90 trading days the company share price has decreased 124.5 points and decreased 187 points respectively. The 52 week high share price is 1819.72 GBX while the 52 week low for the share price is 1222.5 GBX.

Weir Group has a 50 day moving average of 1,436.09 GBX and the 200 Day Moving Average price is recorded at 1,537.72. There are currently 259,612,052 shares in issue with the average daily volume traded being 1,362,800. Market capitalisation for LON:WEIR is £3,569,665,715 GBP.