Weir revises guidance in wake of cybersecurity incident
8th Oct 2021 10:23
(Sharecast News) - Weir Group was in the red on Friday morning, after it announced that it was "managing the consequences" of a sophisticated attempted ransomware attack that took place in the second half of September.
Read moreBarbara Jeremiah to succeed Charles Berry as Weir chair
3rd Sep 2021 07:56
(Sharecast News) - Weir Group said on Friday that Charles Berry will retire as chairman after the annual meeting in April 2022, having done a full nine-year term, with Barbara Jeremiah set to take over.
Read moreWeir, ITV set for demotion in next FTSE reshuffle
25th Aug 2021 12:41
(Sharecast News) - Broadcaster ITV and engineering firm Weir are set for a demotion from the FTSE 100 in the next reshuffle, while takeover targets Morrisons and Meggitt are in line for a promotion.
Read moreJPMorgan upgrades Weir, cites good entry point
19th Aug 2021 10:48
(Sharecast News) - JPMorgan Cazenove upgraded Weir Group to 'overweight' from 'neutral' on Thursday and lifted the price target 1,970p from 1,800p, citing a good entry point.
Read moreWeir resumes dividend after 'good start' to year
29th Jul 2021 08:06
(Sharecast News) - Industrial engineering company Weir Group reported a 17% improvement in orders at constant currency in its first half on Thursday, to £1.09bn, which it said was driven by demand for more sustainable mining technology.
Read moreWeir Group Q1 revenues 'stable'
29th Apr 2021 08:43
(Sharecast News) - Mining technology firm Weir Group said on Thursday that first-quarter revenues were stable, leading the company to note that full-year profit growth looked set to be in line with market expectations.
Read moreThursday broker round-up
4th Mar 2021 13:25
(Sharecast News) - Weir: Deutsche Bank downgrades to hold with a target price of 2,000p.
Read moreDeutsche cuts Weir to 'hold' after results disappoint
4th Mar 2021 10:19
(Sharecast News) - Deutsche Bank downgraded Weir Group to 'hold' after disappointing orders and no dividend announced at its recent results.
Read moreRevenue and earnings fall as orders contract for Weir Group
2nd Mar 2021 07:54
(Sharecast News) - Weir Group reported a 4% fall in revenue in its final results on Tuesday, or 1% at constant currency, to £1.97bn, as its orders slid 13% at constant exchange rates to $1.86bn.
Read moreDr Martens treads close to FTSE 100 as reshuffle looms
17th Feb 2021 10:03
(Sharecast News) - Dr Martens could boot its way straight into the FTSE 100 after the footwear brand's shares surged following its successful flotation.
Read moreMonday broker round-up
8th Feb 2021 13:51
(Sharecast News) - Flutter Entertainment: Morgan Stanley upgrades to overweight with a target price of 17,400p.
Read moreWeir rallies on Morgan Stanley upgrade to 'overweight'
8th Feb 2021 13:14
(Sharecast News) - Engineer Weir rallied on Monday after Morgan Stanley upgraded the shares to 'overweight' from 'equalweight' and hiked the price target to 2,220p from 1,730p.
Read moreCredit Suisse downgrades Weir, ups price target
11th Jan 2021 13:05
(Sharecast News) - Credit Suisse has downgraded Weir Group to 'neutral', arguing that the investment case for the engineer is less clear following the agreed disposal of its oil and gas business.
Read moreWeir Group flags delay to sale of oil and gas division
22nd Dec 2020 08:10
(Sharecast News) - Weir Group updated the market on the proposed sale of its oil and gas division to Caterpillar on Tuesday, reporting that it was now expected to close in the first quarter of 2021.
Read moreWednesday broker round-up
2nd Dec 2020 13:11
(Sharecast News) - Royal Dutch Shell A: JP Morgan upgrades to overweight with a target price of 1,700p.
Read more