Published On: Wed, Oct 19th, 2016

Weir Group reiterated as Buy By Goldman Sachs


In an analyst rating update on Wednesday shares of Weir Group (LON:WEIR) had their rating reiterated by analysts at Goldman Sachs.

The broker said it has now set a ‘Buy’ rating on shares of Weir Group with a price target of 1932. The price target according to the broker shows a possible increase of 11.16% from the current stock price of 1738.

LON:WEIR


Over the last twelve months Weir Group’s share price has increased from 1102.04 to 1738, changing by 57.71%.

The companies 50 day moving average is 1624.84 and its 200 day moving average is 1396.07. The 52 week high Weir Group’s shares have peaked at is 1806 whilst the 52 week low for the company’s shares is 764.5.

Weir Group has 214,300,000 shares which are currently outstanding with a price of 1738 calculating Weir Group’s market capitalisation to 3.72B GBp .


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