Weir Group PLC 26.2% Potential Upside Indicated by Morgan Stanley

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 ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. Weir Group PLC are listed in the Industrials sector within UK Main Market. Morgan Stanley have set their target price at 1820 GBX on its stock. This is indicating the analyst believes there is a potential upside of 26.2% 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 for the share price is 1918 GBX while the 52 week low for the stock is 1222.5 GBX.

Weir Group PLC has a 50 day moving average of 1,460.50 GBX and the 200 Day Moving Average price is recorded at 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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