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Weir Group PLC 22.3% Potential Upside Indicated by RBC Capital Markets

Weir Group PLC using EPIC/TICKER code (LON:WEIR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘TOP PICK’ this morning by analysts at RBC Capital Markets. Weir Group PLC are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set a target price of 1800 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 22.3% from today’s opening price of 1471.5 GBX. Over the last 30 and 90 trading days the company share price has increased 126 points and increased 123 points respectively. The 1 year high stock 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 1,446.69 GBX and a 200 Day Moving Average share price is recorded at 1,535.36. There are currently 259,612,052 shares in issue with the average daily volume traded being 1,371,488. Market capitalisation for LON:WEIR is £3,759,182,512 GBP.