Weir Group PLC 11% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Weir Group PLC using EPIC/TICKER code (LON:WEIR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Weir Group PLC are listed in the Industrials sector within UK Main Market. Deutsche Bank have set their target price at 1600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.0% from the opening price of 1442 GBX. Over the last 30 and 90 trading days the company share price has increased 137 points and decreased 39.5 points respectively. The 1 year high share price is 1918 GBX while the 52 week low for the share price is 1222.5 GBX.

Weir Group PLC has a 50 day moving average of 1,460.50 GBX and a 200 day moving average of 1,528.37. There are currently 259,602,052 shares in issue with the average daily volume traded being 1,259,461. Market capitalisation for LON:WEIR is £3,765,527,764 GBP.

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