Weir Share Discussion Threads

[philanderer] 26/8/2021 11:51

CREDIT SUISSE CUTS WEIR GROUP PRICE TARGET TO 2,100 (2,150) PENCE - 'OUTPERFORM'

[philanderer] 25/8/2021 13:06

FTSE 100 latest: ITV and Weir face relegation in next reshuffle of top tier

[philanderer] 16/8/2021 20:10

Scotland-based Weir Group, an engineering solutions provider, plans to expand its operations in West Valley City, Utah. The project is expected to create 133 new high-paying jobs during the next 10 years.

“This expansion enables Weir to support future growth for our key markets,” said Ermanno Simonutti, Weir’s North America Region managing director. “It also reaffirms Weir’s commitment to Utah.”


[...]

[philanderer] 09/8/2021 10:00

Support hopefully at 1430p ... and if that goes then back to 1200p.

[philanderer] 03/8/2021 10:12

Back to sub 1500p and it's @rse kicked out of the FTSE100 by the look of it.

[philanderer] 02/8/2021 11:21

Soc Gen. Buy. Tp. 2260p

Deutsche hold. Tp 1925p

[philanderer] 29/7/2021 15:12

No idea for the sell-off unless something came up at the analysts meeting.

[philanderer] 26/7/2021 11:50

JEFFERIES RAISES WEIR GROUP PRICE TARGET TO 2,050 (1,565) PENCE - 'HOLD'

[philanderer] 15/7/2021 00:48

'Go for pricing power stocks as inflation pressures mount, reckons Credit Suisse'

Compass, Kingfisher, Croda, Smurfit Kappa and Weir Group all fit the bill for the broker


proactiveinvestors.co.uk

[philanderer] 04/5/2021 13:48

Structural tailwinds should help Weir rerate


Specialist mining engineer Weir Group (WEIR) will reap the benefit of long-term structural tailwinds as the mining sector adopts newer technologies, according to Shore Capital.

Analyst Akhil Patel retained his ‘buy’ recommendation on the stock after a first quarter update that showed ‘good order growth as market conditions improved’. After modest gains on Thursday, the stock closed down 2.2%, or 43p, at £19.17 on Friday.

‘Population growth, the convergence of living standards in developing economies, urbanisation, ore grade decline, and decarbonisation all point in Weir’s favour as demand for essential mining commodities is growing [and] required,’ he said.

Patel said mining peers have rerated as market conditions improved and Weir should follow suit.

‘We retain our “buy” recommendation in a premium mining-focused business with long-term structural drivers given the expected transition of the mining industry to adopt more technological, sustainable, efficient and environmentally friendly practices,’ he said.

[philanderer] 30/4/2021 10:36

CITIGROUP RAISES WEIR GROUP PRICE TARGET TO 2,100 (1,900) PENCE - 'NEUTRAL'

[philanderer] 30/4/2021 00:22

Weir Minerals and Hayward Gordon ULC Announce Expanded Partnership in Latin America

[philanderer] 29/4/2021 10:51

And they did ;-)


GOLDMAN SACHS RAISES WEIR GROUP PRICE TARGET TO 2,050 (1,920) PENCE - 'NEUTRAL'

[philanderer] 28/4/2021 18:56

AGM tomorrow. Not sure if they'll update.

[philanderer] 21/4/2021 09:55

It's either a downgrade, big seller(s) or a read across from an American outfit.

Can't find a thing.

[philanderer] 13/4/2021 14:35

Credit Suisse said it upgraded Weir Group PLC (LON:WEIR) to ‘outperform217; as the mining equipment company has underperformed its European peers by 28% in the last three months and created a buying opportunity.

The company’s fundaments are strong, Credit Suisse said as it raised its recommendation from ‘neutral’;.

“We also publish today our Mining Equipment primer and see strong fundamentals for Weir’s mining end market that can see Weir establish status as a higher quality, aftermarket driven, earnings compounder.”

The broker said it also sees an opportunity for free cash flow conversion to improve after the integration of Esco, which Weir bought in 2018, and the disposal of the oil and gas division completed this February.

“We forecast 77% conversion in 2021E-23E compared to cumulative 49% conversion in 2016-20,” it said.

proactiveinvestors.co.uk

[philanderer] 13/4/2021 10:46

CREDIT SUISSE RAISES WEIR GROUP TO 'OUTPERFORM' ('NEUTRAL') - PRICE TARGET 2,150 PENCE

[philanderer] 09/4/2021 13:19

Slightly better today so far.

[jackdaw4243] 24/3/2021 16:38

Oh dear !! some shorter's are getting burnt.

[philanderer] 23/3/2021 10:54

If my auntie was my uncle.....should have dumped these at 2000p :-(

[philanderer] 11/3/2021 00:31

Weir Group signs up for digital supply chain

[philanderer] 10/3/2021 11:34

CITIGROUP RAISES WEIR GROUP PRICE TARGET TO 1,900 (1,600) PENCE - 'NEUTRAL'

[philanderer] 04/3/2021 14:37

JPMORGAN RAISES WEIR GROUP PRICE TARGET TO 1,800 (1,650) PENCE - 'NEUTRAL'