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Weir Group PLC 26% Potential Upside Indicated by Citigroup

Weir Group PLC using EPIC/TICKER code (LON:WEIR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Weir Group PLC are listed in the Industrials sector within UK Main Market. Citigroup have set their target price at 2570 GBX on its stock. This now indicates the analyst believes there is a possible upside of 26.0% from today’s opening price of 2040 GBX. Over the last 30 and 90 trading days the company share price has decreased 140 points and increased 74 points respectively. The 52 week high for the share price is currently at 2326 GBX while the 52 week low for the stock is 1696 GBX.

Weir Group PLC has a 50 day moving average of 2,157.79 GBX and a 200 Day Moving Average share price is recorded at 1,964.03. There are currently 224,217,109 shares in issue with the average daily volume traded being 994,047. Market capitalisation for LON:WEIR is £4,598,692,906 GBP.