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Weir Group PLC 17.6% Potential Upside Indicated by HSBC

Weir Group PLC with EPIC/TICKER (LON:WEIR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Weir Group PLC are listed in the Industrials sector within UK Main Market. HSBC have set a target price of 1750 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.6% from the opening price of 1488.5 GBX. Over the last 30 and 90 trading days the company share price has increased 156 points and increased 139.5 points respectively. The 52 week high share price is 1819.72 GBX while the year low stock price is currently 1222.5 GBX.

Weir Group PLC has a 50 day moving average of 1,449.17 GBX and a 200 Day Moving Average share price is recorded at 1,534.97. There are currently 259,612,052 shares in issue with the average daily volume traded being 1,423,173. Market capitalisation for LON:WEIR is £3,853,940,911 GBP.