Weir Group PLC 18.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Weir Group PLC with EPIC/TICKER (LON:WEIR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Weir Group PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 900 GBX on its stock. This would imply the analyst believes there is now a potential upside of 18.5% from the opening price of 759.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 501.2 points and decreased 794.2 points respectively. The 52 week high for the share price is currently at 1819.72 GBX while the 52 week low for the share price is 608.6 GBX.

Weir Group PLC has a 50 day moving average of 1,282.87 GBX and the 200 Day Moving Average price is recorded at 1,419.43. There are currently 73,666,646 shares in issue with the average daily volume traded being 2,624,726. Market capitalisation for LON:WEIR is £1,878,552,744 GBP.

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