The Weir Group PLC (LON:WEIR – Get 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).
The Weir Group Trading Up 1.5 %
The Weir Group Company Profile
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.
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