Weekly Investment Analysts’ Ratings Changes for Weir Group (WEIR)

Weir Group (LON: WEIR) recently received a number of ratings updates from brokerages and research firms:

  • 11/14/2019 – Weir Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 1,600 ($20.91) price target on the stock.
  • 11/8/2019 – Weir Group had its price target lowered by analysts at HSBC Holdings plc from GBX 1,820 ($23.78) to GBX 1,750 ($22.87). They now have a “buy” rating on the stock.
  • 11/6/2019 – Weir Group had its price target lowered by analysts at Royal Bank of Canada from GBX 1,900 ($24.83) to GBX 1,800 ($23.52). They now have a “top pick” rating on the stock.
  • 11/6/2019 – Weir Group had its “neutral” rating reaffirmed by analysts at UBS Group AG.
  • 11/6/2019 – Weir Group had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 1,550 ($20.25) to GBX 1,450 ($18.95). They now have a “neutral” rating on the stock.
  • 11/5/2019 – Weir Group had its price target raised by analysts at Shore Capital from GBX 1,171 ($15.30) to GBX 1,268 ($16.57). They now have a “sell” rating on the stock.
  • 11/5/2019 – Weir Group had its “hold” rating reaffirmed by analysts at Liberum Capital.
  • 11/5/2019 – Weir Group had its “hold” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 1,530 ($19.99) price target on the stock, down previously from GBX 1,585 ($20.71).
  • 11/4/2019 – Weir Group had its price target lowered by analysts at Jefferies Financial Group Inc from GBX 1,440 ($18.82) to GBX 1,395 ($18.23). They now have a “hold” rating on the stock.
  • 11/4/2019 – Weir Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 11/1/2019 – Weir Group had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 1,850 ($24.17) price target on the stock.
  • 10/23/2019 – Weir Group is now covered by analysts at Shore Capital. They set a “sell” rating on the stock.
  • 10/23/2019 – Weir Group had its price target lowered by analysts at Credit Suisse Group AG from GBX 1,700 ($22.21) to GBX 1,600 ($20.91). They now have an “outperform” rating on the stock.
  • 10/22/2019 – Weir Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 1,500 ($19.60) to GBX 1,380 ($18.03). They now have a “neutral” rating on the stock.
  • 10/17/2019 – Weir Group had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 10/17/2019 – Weir Group was downgraded by analysts at UBS Group AG to a “neutral” rating. They now have a GBX 1,450 ($18.95) price target on the stock, down previously from GBX 1,550 ($20.25).
  • 10/10/2019 – Weir Group had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a GBX 1,900 ($24.83) price target on the stock.
  • 10/9/2019 – Weir Group had its “top pick” rating reaffirmed by analysts at Royal Bank of Canada.
  • 10/9/2019 – Weir Group had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 1,850 ($24.17) price target on the stock.
  • 10/3/2019 – Weir Group had its price target lowered by analysts at Credit Suisse Group AG from GBX 1,800 ($23.52) to GBX 1,700 ($22.21). They now have an “outperform” rating on the stock.
  • 9/24/2019 – Weir Group was downgraded by analysts at Peel Hunt to a “hold” rating. They now have a GBX 1,585 ($20.71) price target on the stock, down previously from GBX 1,875 ($24.50).

Shares of LON:WEIR traded up GBX 8 ($0.10) during trading on Tuesday, reaching GBX 1,413 ($18.46). The company had a trading volume of 850,136 shares, compared to its average volume of 1,360,000. The firm has a market capitalization of $3.67 billion and a price-to-earnings ratio of 942.00. The company has a debt-to-equity ratio of 86.36, a current ratio of 2.00 and a quick ratio of 1.19. The stock’s fifty day moving average price is GBX 1,395.66 and its 200 day moving average price is GBX 1,469.65. Weir Group PLC has a fifty-two week low of GBX 1,222.50 ($15.97) and a fifty-two week high of GBX 1,814.50 ($23.71).

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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