<div id="readability-page-1" class="page"><p><span>The Weir Group (LON:WEIR - Get Free Report)</span> had its price objective lifted by research analysts at JPMorgan Chase &amp; Co.  from GBX 2,950 to GBX 3,300 in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The firm presently has an &#34;overweight&#34; rating on the stock. JPMorgan Chase &amp; Co.'s price objective suggests a potential upside of 17.86% from the company's current price.</p><div><p><span></span><span>Get <strong>The Weir Group</strong> alerts:</span></p></div><p>Other research analysts have also issued research reports about the stock. Citigroup  reaffirmed a &#34;buy&#34; rating and set a GBX 3,100 target price on shares of The Weir Group in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft increased their target price on shares of The Weir Group from GBX 2,710 to GBX 3,010 and gave the stock a &#34;buy&#34; rating in a research note on Friday, August 1st. Finally, Shore Capital cut shares of The Weir Group to a &#34;hold&#34; rating and set a GBX 2,750 price target on the stock. in a research report on Thursday, July 31st. Four research analysts have rated the stock with a Buy rating and one  has issued  a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of GBX 2,972.</p><p><b>Get Our Latest Stock Report on The Weir Group</b></p><h2>The Weir Group Trading Up 0.7%</h2><p>WEIR stock traded up GBX 20 during mid-day trading on Wednesday, hitting GBX 2,800. 2,443,416 shares of the company were exchanged, compared to its average volume of 1,552,800. 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 firm has a market capitalization of £7.27 billion, a P/E ratio of 2,360.88, a PEG ratio of 2.59 and a beta of 1.41. The business has a fifty day simple moving average of GBX 2,570.31 and a 200-day simple moving average of GBX 2,454.16. The Weir Group has a 12-month low of GBX 1,875 and a 12-month high of GBX 2,860. </p><p>The Weir Group (LON:WEIR - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported GBX 58.70 earnings per share for the quarter. The Weir Group had a net margin of 8.60% and a return on equity of 12.79%.  On average, equities research analysts predict that  The Weir Group will post 136.0509554 earnings per share for the current fiscal year. </p><h2>About The Weir Group</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than The Weir Group</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Will Firefly’s $855M SciTec Acquisition Ignite a Stock Re-Rating?</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>Lithium Americas: Why This 31% Rally Is More Than Just a Headline</li><li>High Dividend REITs: Are They an Ideal Way to Diversify?</li><li>Why Archer Aviation Stock Is Soaring—And What Comes Next</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9V0VJUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9V0VJUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in The Weir Group Right Now?</h2><p>Before you consider The Weir Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Weir Group wasn't on the list.</p><p>While The Weir Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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WEIR

<p>JPMorgan Chase & Co. has raised its price target for The Weir Group (LON:WEIR) from GBX 2,950 to GBX 3,300, maintaining an "overweight" rating. This suggests a potential upside of 17.86% from the current price. Other analysts have also given positive ratings, with Citigroup setting a target of GBX 3,100 and Deutsche Bank raising theirs to GBX 3,010. The stock is currently trading at GBX 2,800, reflecting a 0.7% increase during mid-day trading.</p>

The Weir Group (LON:WEIR) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says