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Weir Group PLC 29.6% 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 indicates the analyst now believes there is a potential upside of 29.6% from today’s opening price of 1389 GBX. Over the last 30 and 90 trading days the company share price has increased 15 points and decreased 22 points respectively. The 52 week high for the share price is currently at 1819.72 GBX while the year low share price is currently 1244 GBX.

Weir Group PLC has a 50 day moving average of 1,450.05 GBX and the 200 Day Moving Average price is recorded at 1,461.64. There are currently 874,189,537 shares in issue with the average daily volume traded being 1,122,788. Market capitalisation for LON:WEIR is £3,538,512,268 GBP.

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