The Weir Group PLC (LON:WEIR - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 2,772 ($37.37) and last traded at GBX 2,763.54 ($37.25), with a volume of 858877 shares. The stock had previously closed at GBX 2,732 ($36.83).
Analyst Upgrades and Downgrades
WEIR has been the topic of several recent analyst reports. Shore Capital downgraded The Weir Group to a "hold" rating and set a GBX 2,750 price target on the stock. in a report on Thursday, July 31st. Citigroup reiterated a "buy" rating and issued a GBX 3,100 price target on shares of The Weir Group in a report on Monday, August 4th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on The Weir Group from GBX 2,710 to GBX 3,010 and gave the stock a "buy" rating in a report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, The Weir Group has a consensus rating of "Moderate Buy" and an average price target of GBX 2,772.
Get Our Latest Research Report on The Weir Group
The Weir Group Stock Performance
The company has a market cap of £7.26 billion, a P/E ratio of 2,359.19, a PEG ratio of 2.59 and a beta of 1.41. The firm has a 50 day moving average of GBX 2,556.77 and a 200-day moving average of GBX 2,441.72. The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 80.30.
The Weir Group (LON:WEIR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported GBX 58.70 earnings per share (EPS) for the quarter. The Weir Group had a return on equity of 12.79% and a net margin of 8.60%. As a group, sell-side analysts anticipate that The Weir Group PLC will post 136.0509554 EPS for the current fiscal year.
The Weir Group Company Profile
(
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The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
Further Reading
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