Weir Group PLC with ticker (LON:WEIR) now has a potential upside of 17.0% according to Berenberg Bank.
Berenberg Bank set a target price of 2,060 GBX for the company, which when compared to the Weir Group PLC share price of 1,710 GBX at opening today (27/10/2021) indicates a potential upside of 17.0%. Trading has ranged between 1,406 (52 week low) and 2,130 (52 week high) with an average of 890,314 shares exchanging hands daily. The market capitalisation at the time of writing is £4,509,460,440.
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 17.0% potential upside indicated by Berenberg Bank
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Anthony Fox
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Weir Group PLC (LON:WEIR) reports strong Q3 results with 15% growth in order volume, underscoring robust mining demand and sustainability focus.
Weir Group PLC secures a £53m contract to supply sustainable mining solutions to Barrick Gold's Reko Diq copper-gold project in Balochistan.
Weir Group PLC reports resilient H1 2024 results with strong aftermarket demand and improved project outlook, reiterating FY profit and cash guidance.