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Weir Group PLC 26.3% Potential Upside Indicated by Credit Suisse

Weir Group PLC using EPIC/TICKER code (LON:WEIR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Weir Group PLC are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 1700 GBX on its stock. This would imply the analyst believes there is now a potential upside of 26.3% from today’s opening price of 1346.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 69 points and decreased 207 points respectively. The 52 week high share price is 1819.72 GBX while the 52 week low for the stock is 1222.5 GBX.

Weir Group PLC has a 50 day moving average of 1,452.27 GBX and a 200 Day Moving Average share price is recorded at 1,537.37. There are currently 259,612,052 shares in issue with the average daily volume traded being 1,352,883. Market capitalisation for LON:WEIR is £3,445,051,930 GBP.