Weir Group PLC 36.2% potential upside indicated by RBC Capital Markets

Broker Ratings

Weir Group PLC with ticker (LON:WEIR) now has a potential upside of 36.2% according to RBC Capital Markets.



RBC Capital Markets set a target price of 2,470 GBX for the company, which when compared to the Weir Group PLC share price of 1,576 GBX at opening today (20/04/2022) indicates a potential upside of 36.2%. Trading has ranged between 1,381 (52 week low) and 2,015 (52 week high) with an average of 832,993 shares exchanging hands daily. The market capitalisation at the time of writing is £4,062,927,800.

The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The Company’s business operates through two segments: Minerals and ESCO. The Minerals segment is engaged in the provision of slurry handling equipment and associated aftermarket support for abrasive high wear applications used in the mining markets. The ESCO segment provides ground engaging tools (GET) for surface mining and infrastructure. The Company also provides engineered GET solutions to infrastructure markets, including construction, dredging and sand and aggregates. Its brands include Warman, Geho, Enduron, Linatex, Cavex and Nemisys.



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