Liberum Capital restated their hold rating on shares of Weir Group (LON:WEIR) in a report issued on Wednesday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts also recently issued research reports about the company. Shore Capital reaffirmed a hold rating on shares of Weir Group in a report on Friday, June 26th. Deutsche Bank lifted their target price on Weir Group from GBX 950 ($11.69) to GBX 1,000 ($12.31) and gave the stock a hold rating in a report on Friday, July 10th. Peel Hunt reaffirmed a hold rating on shares of Weir Group in a report on Friday, June 26th. Jefferies Financial Group reaffirmed a hold rating on shares of Weir Group in a report on Monday, June 29th. Finally, Barclays reaffirmed an overweight rating on shares of Weir Group in a report on Monday, July 20th. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 1,263 ($15.54).
Shares of WEIR stock opened at GBX 1,196.50 ($14.72) on Wednesday. Weir Group has a fifty-two week low of GBX 10.44 ($0.13) and a fifty-two week high of GBX 1,640 ($20.18). The firm has a market capitalization of $3.11 billion and a price-to-earnings ratio of -8.17. The company has a debt-to-equity ratio of 94.51, a quick ratio of 0.68 and a current ratio of 1.26. The stock’s 50-day simple moving average is GBX 1,092.17 and its 200-day simple moving average is GBX 1,084.76.
Weir Group Company Profile
The Weir Group PLC designs, manufactures, and sells highly-engineered products and services worldwide. It operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment engineers pumps, valves, rubber, crushers, screen media systems, screens, hose and pipe pools, centrifuges, pontoons and barges, hydrocyclones, wear linings, mill liners, feeders, conveyors, and washers; and offers slurry handling equipment and associated aftermarket support services for mining, and oil sands markets.
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