The Weir Group (LON:WEIR) Stock Crosses Above 200 Day Moving Average of $1,799.41

The Weir Group PLC (LON:WEIRGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,799.41 ($22.10) and traded as high as GBX 1,858 ($22.82). The Weir Group shares last traded at GBX 1,844 ($22.65), with a volume of 434,181 shares.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays reiterated an “overweight” rating and set a GBX 2,180 ($26.77) price target on shares of The Weir Group in a research report on Tuesday, September 5th. Shore Capital reiterated a “buy” rating on shares of The Weir Group in a research report on Thursday, August 31st. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,157.50 ($26.50).

Check Out Our Latest Research Report on WEIR

The Weir Group Trading Up 1.5 %

The company has a debt-to-equity ratio of 88.32, a current ratio of 2.17 and a quick ratio of 1.16. The firm’s 50 day moving average price is GBX 1,821.86 and its 200 day moving average price is GBX 1,799.51. The stock has a market capitalization of £4.77 billion, a P/E ratio of 1,923.16, a P/E/G ratio of 2.59 and a beta of 1.51.

The Weir Group Company Profile

(Get Free Report)

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.

Read More

Receive News & Ratings for The Weir Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Weir Group and related companies with MarketBeat.com's FREE daily email newsletter.