Weir Group PLC 11.7% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Weir Group PLC using EPIC/TICKER code (LON:WEIR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Weir Group PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.7% from today’s opening price of 1611.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 92 points and increased 121.5 points respectively. The 52 week high for the share price is currently at 2333 GBX while the 52 week low for the stock is 1222.5 GBX.

Weir Group PLC has a 50 day moving average of 1,675.00 GBX and the 200 Day Moving Average price is recorded at 1,623.74. There are currently 259,602,052 shares in issue with the average daily volume traded being 1,126,040. Market capitalisation for LON:WEIR is £4,125,076,606 GBP.

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