Weir Share Discussion Threads

[philanderer] 22/10/2020 13:12

Getting hit hard today.

[philanderer] 15/10/2020 13:18

UBS RAISES WEIR GROUP PRICE TARGET TO 1,600 (850) PENCE - 'NEUTRAL'

[philanderer] 12/10/2020 09:17

BARCLAYS RAISES WEIR GROUP PRICE TARGET TO 2,000 (1,350) PENCE - 'OVERWEIGHT'

[philanderer] 07/10/2020 20:11

(Sharecast News) - Gains for the likes of First Group and National Express helped keep the second-tier index in positive territory, with the FTSE 250 edging up by 0.02% to 17,801.75 by the close. Other big gainers included CMC Markets, with shares in the online trading specialist flirting with record highs, and Weir Group, whose stock was attempting to break out to fresh 52-week highs.

[philanderer] 07/10/2020 10:38

RBC RAISES WEIR GROUP PRICE TARGET TO 1800 (1680) PENCE - 'OUTPERFORM'

[philanderer] 06/10/2020 09:38

DEUTSCHE BANK RAISES WEIR GROUP TO 'BUY' (HOLD) - PRICE TARGET 1960 (1200) PENCE LIBERUM RAISES WEIR GROUP PRICE TARGET TO 1575 (770) PENCE - 'HOLD' SHORE CAPITAL RAISES WEIR GROUP TO 'BUY' ('HOLD')

[philanderer] 06/10/2020 09:28

Shore Capital puts Weir under review after sale Shore Capital has placed Weir (WEIR) under review after the engineering group sold its oil and gas division to Caterpillar for £314m. Analyst Akhil Patel placed his ‘hold’ recommendation under review after the announcement. The shares rose 15.9% to £14.83 yesterday. ‘While we are slightly surprised by the timing of the sale given the current oil and gas conditions, we are pleased to see the proposed transaction at a reasonable price and which significantly changes Weir’s investment case,’ he said. Patel said he would review the investment case and recommendation as the sale ‘significantly changes the dynamics of the group’. HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-cvs-weir-sumo-dfs-and-4imprint/a1408774?section=funds-insider&_ga=2.170624224.1749216731.1601976420-1249149170.1601976420#i=3

[philanderer] 06/10/2020 09:25

Analysts at Liberum said the sale was “the final step in transforming the group into a pure play mining company”, adding that the £314m purchase price looked reasonable. https://www.ft.com/content/1b6ec874-375e-4ec8-939a-4838ae0f5efd

[philanderer] 05/10/2020 23:27

Engineering giant Weir is latest British company to catch eye of overseas suitors as Caterpillar snaps up oil arm for £314m ....Harry Philips, an analyst at Peel Hunt, said that Weir had 'pulled a rabbit out the hat' with the deal. He added: 'The management deserves much credit for getting the asset away in the current environment and it will enable Weir to participate in mergers and acquisitions.' https://www.dailymail.co.uk/money/markets/article-8807415/US-giant-Caterpillar-snaps-Weir-oil-arm-314m.html

[philanderer] 05/10/2020 09:04

Pure mining now then. 'Glasgow-based Weir Group exits oil and gas in £314m deal' https://www.bbc.co.uk/news/uk-scotland-scotland-business-54416033

[smcni1968] 05/10/2020 06:59

Oil & gas sold

[philanderer] 16/9/2020 13:21

CREDIT SUISSE RAISES WEIR GROUP TO 'OUTPERFORM' ('NEUTRAL') TARGET 1600(1380) PENCE

[philanderer] 29/7/2020 13:20

As expected update..... 29th july Peel Hunt hold 29th july Shore Cap hold 29th july Liberum hold

[philanderer] 03/7/2020 09:13

3rd july Barclays overweight tp 1350p up from 1200p

[jimsyone] 28/6/2020 11:03

WEIR Shares in Scottish engineering company surge on mining resilience https://tinyurl.com/ydbraygz

[elevator1] 26/6/2020 18:32

Another good steady rise. Keep it coming.

[philanderer] 26/6/2020 09:29

Good update and refinancing news

[gswredland] 14/5/2020 06:59

Has weir got plenty of cash to survive?

[philanderer] 30/4/2020 09:07

updated: 30th april Barclays overweight tp 1200p 29th april Jefferies hold tp 1000p 29th april UBS neutral tp 850p 29th april Credit Suisse neutral tp 1150p 29th april Deutsche hold tp 950p 28th april Liberum hold tp 770p 28th april Shore Cap hold - 28th april ++++ IMS ++++

[philanderer] 29/4/2020 13:03

Weir beats expectations Engineering group Weir (WEIR) has delivered a better-than-expected first quarter but Jefferies is expecting the next three months to be more of a challenge. Analyst Andy Douglas retained his ‘hold’ recommendation and target price of £10 on the shares, which rose 4.5% to 907.6p yesterday. ‘Weir’s first quarter update was better than most will have feared, we suspect, although we have seen other UK industrials report a solid first quarter and there are more challenges to come,’ he said. He said the oil and gas arm was ‘just’ profitable but would ‘worsen in the second quarter and beyond’. ‘Management is doing all the right things on costs and cash,’ he said. HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-hsbc-bp-plus500-hostelworld-and-weir/a1351039?section=funds-insider&_ga=2.61723493.873368072.1588165040-649192944.1588165040#i=6

[smcni1968] 28/4/2020 18:32

i was expecting much worse

[philanderer] 28/4/2020 09:07

After today's IMS.. 28th april Shore Cap 'hold'

[philanderer] 24/4/2020 09:07

UBS CUTS WEIR GROUP PRICE TARGET TO 850 (1450) PENCE - 'NEUTRAL'

[philanderer] 22/4/2020 13:21

JP MORGAN. neutral. Tp. 950p

[philanderer] 14/4/2020 09:10

JEFFERIES CUTS WEIR GROUP PRICE TARGET TO 1000 (1380) PENCE - 'HOLD'