Weir Group PLC 6.3% Potential Decrease Indicated by Societe Generale

Broker Ratings

Weir Group PLC using EPIC/TICKER code (LON:WEIR) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at Societe Generale. Weir Group PLC are listed in the Industrials sector within UK Main Market. Societe Generale have set their target price at 1035 GBX on its stock. This would imply the analyst believes there is a potential downside of -6.3% from today’s opening price of 1104 GBX. Over the last 30 and 90 trading days the company share price has increased 34.5 points and increased 303.6 points respectively. The 1 year high share price is 1640 GBX while the year low share price is currently 608.6 GBX.

Weir Group PLC has a 50 day moving average of 1,023.36 GBX and a 200 day moving average of 1,237.21. There are currently 259,612,052 shares in issue with the average daily volume traded being 1,982,316. Market capitalisation for LON:WEIR is £2,810,300,462 GBP.

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