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The Weir Group (WEIR) Stock Forecast & Price Target

GBX 1,900
-13.00 (-0.68%)
(As of 11:53 AM ET)

The Weir Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for The Weir Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 4 analysts, 4 have given a buy rating for WEIR.

Consensus Price Target

GBX 2,285
High ForecastGBX 2,600
Average ForecastGBX 2,285
Low ForecastGBX 2,075

According to the 4 analysts' twelve-month price targets for The Weir Group, the average price target is GBX 2,285. The highest price target for WEIR is GBX 2,600, while the lowest price target for WEIR is GBX 2,075. The average price target represents a forecasted upside of 20.26% from the current price of GBX 1,900.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
Hold
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 2,285GBX 2,238.75GBX 2,226.67GBX 2,107.50
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WEIR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WEIR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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The Weir Group Stock vs. The Competition

TypeThe Weir GroupIndustrials Companies
Consensus Rating Score
3.00
2.60
Consensus RatingBuyModerate Buy
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/21/2024Berenberg Bank
2 of 5 stars
 Reiterated RatingBuyGBX 2,600+18.61%
4/30/2024JPMorgan Chase & Co.
3 of 5 stars
 Reiterated RatingOverweightGBX 2,075+1.22%
2/29/2024Shore Capital
1 of 5 stars
 Reiterated RatingBuy
9/5/2023Barclays
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 Reiterated RatingOverweightGBX 2,180+15.04%
7/7/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetHoldGBX 2,135 ➝ GBX 2,100+20.97%
6/15/2023Royal Bank of Canada
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 Reiterated RatingOutperformGBX 2,400+32.74%
3/1/2023Peel Hunt
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 Reiterated RatingBuyGBX 1,950-3.85%
2/13/2023The Goldman Sachs Group
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 Initiated CoverageBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:56 PM ET.

WEIR Forecast - Frequently Asked Questions

What is The Weir Group's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for The Weir Group is GBX 2,285, with a high forecast of GBX 2,600 and a low forecast of GBX 2,075.

Should I buy or sell The Weir Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Weir Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WEIR shares.

Does The Weir Group's stock price have much upside?

According to analysts, The Weir Group's stock has a predicted upside of 11.70% based on their 12-month stock forecasts.

What analysts cover The Weir Group?

The Weir Group has been rated by research analysts at Berenberg Bank, and JPMorgan Chase & Co. in the past 90 days.

Do Wall Street analysts like The Weir Group more than its competitors?

Analysts like The Weir Group more than other "industrials" companies. The consensus rating for The Weir Group is Buy while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how WEIR compares to other companies.


This page (LON:WEIR) was last updated on 7/25/2024 by MarketBeat.com Staff

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