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Weir Group PLC 41.7% Potential Upside Indicated by Barclays Capital

Weir Group PLC with EPIC/TICKER (LON:WEIR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Weir Group PLC are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 2250 GBX on its stock. This would imply the analyst believes there is now a potential upside of 41.7% from today’s opening price of 1587.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 116.5 points and decreased 347 points respectively. The 1 year high stock price is 2333 GBX while the year low stock price is currently 1354.5 GBX.

Weir Group PLC has a 50 day moving average of 1,699.38 GBX and a 200 day moving average of 1,968.57. There are currently 259,432,052 shares in issue with the average daily volume traded being 2,164,835. Market capitalisation for LON:WEIR is £4,157,398,489 GBP.