Weir Group PLC 44.2% Potential Decrease Indicated by Peel Hunt LLP

Broker Ratings

Weir Group PLC using EPIC/TICKER code LON:WEIR has had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘HOLD’ today by analysts at Peel Hunt LLP. Weir Group PLC are listed in the Industrials sector within UK Main Market. Peel Hunt LLP have set a target price of 860 GBX on its stock. This now indicates the analyst believes there is a potential downside of 44.2% from the opening price of 1540 GBX. Over the last 30 and 90 trading days the company share price has decreased 16 points and increased 276 points respectively.
Weir Group PLC LON:WEIR has a 50 day moving average of 1,427.45 GBX and a 200 day moving average of 1,188.97 The 52 week high for the stock is 1670.5 GBX while the year low stock price is currently 608.6 GBX. There are currently 259,612,052 shares in issue with the average daily volume traded being 1,080,497. Market capitalisation for LON:WEIR is £3,903,267,201 GBP.

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