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Weir Group PLC 35.7% Potential Upside Indicated by HSBC

Weir Group PLC with EPIC/TICKER (LON:WEIR) 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 2700 GBX on its stock. This now indicates the analyst believes there is a possible upside of 35.7% from the opening price of 1989.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 205.5 points and decreased 74.5 points respectively. The 1 year high for the stock price is 2333 GBX while the year low stock price is currently 1711 GBX.

Weir Group PLC has a 50 day moving average of 2,150.17 GBX and a 200 Day Moving Average share price is recorded at 2,098.25. There are currently 242,641,488 shares in issue with the average daily volume traded being 1,700,559. Market capitalisation for LON:WEIR is £4,648,503,120 GBP.