Weir Group PLC with ticker (LON:WEIR) now has a potential downside of -15.3% according to Liberum Capital.
Liberum Capital set a target price of 1,575 GBX for the company, which when compared to the Weir Group PLC share price of 1,817 GBX at opening today (08/11/2021) indicates a potential downside of -15.3%. Trading has ranged between 1,495 (52 week low) and 2,130 (52 week high) with an average of 669,386 shares exchanging hands daily. The market capitalisation at the time of writing is £4,740,515,120.
The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The Company’s business operates through two segments: Minerals and ESCO. The Minerals segment is engaged in the provision of slurry handling equipment and associated aftermarket support for abrasive high wear applications used in the mining markets. The ESCO segment provides ground engaging tools (GET) for surface mining and infrastructure. The Company also provides engineered GET solutions to infrastructure markets, including construction, dredging and sand and aggregates. Its brands include Warman, Geho, Enduron, Linatex, Cavex and Nemisys.
Weir Group PLC -15.3% potential downside indicated by Liberum Capital
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- Written by: Anthony Fox
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