24th Jun 2010 07:48
0648 GMT [Dow Jones] Goldman Sachs raises Weir Group (WEIR.LN) price target to 1550p from 1447p as it adjusts estimates to reflect stronger market recovery in '10, a stronger SPM business, and the Linatex acquisition. Raises '10/'11/'12 EPS estimates by 14%/8%/6% respectively to 91p/101p/112p. "We c
Read more24th Jun 2010 07:48
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0648 GMT [Dow Jones] Goldman Sachs raises Weir Group (WEIR.LN) price target to 1550p from 1447p as it adjusts estimates to re
Read more18th Jun 2010 10:52
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0952 GMT [Dow Jones] KBC Peel Hunt downgrades Weir Group (WEIR.LN) to hold from buy, as the shares have outperformed stron
Read more18th Jun 2010 10:52
0952 GMT [Dow Jones] KBC Peel Hunt downgrades Weir Group (WEIR.LN) to hold from buy, as the shares have outperformed strongly in recent weeks. The brokerage consequently raises the price target modestly to 1140p from 1100p. Says there is clearly scope for further upgrades in 2H if after-market deman
Read more17th Jun 2010 06:06
Earlier this week engineer Weir posted an unscheduled trading update - which proved a barnstormer. The Telegraph's Questor remains a bull of the group's end markets. The urbanisation of Asian nations as they get richer is a trend that is not going to finish soon - and this process needs power and ma
Read more16th Jun 2010 07:40
0640 GMT [Dow Jones] Royal Bank of Scotland raises Weir Group (WEIR.LN) price target to 1337p from 1194p following the company's strong trading update and the announcement of its acquisition of Malaysia-based Linatex. Says the minerals division and SPM continue to trade very well in 2Q '10. Adds the
Read more16th Jun 2010 07:40
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0640 GMT [Dow Jones] Royal Bank of Scotland raises Weir Group (WEIR.LN) price target to 1337p from 1194p following the compan
Read more15th Jun 2010 12:17
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1117 GMT [Dow Jones] Bank of America Merrill Lynch raises Weir Group (WEIR.LN) price target to 1340p from 1220p following
Read more15th Jun 2010 12:17
1117 GMT [Dow Jones] Bank of America Merrill Lynch raises Weir Group (WEIR.LN) price target to 1340p from 1220p following the company's stronger than expected trading update. Says aftermarket orders have been strong across the business and original equipment orders have begun to return. The brokerag
Read more15th Jun 2010 09:21
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0821 GMT [Dow Jones] Citigroup raises Weir Group (WEIR.LN) price target to 1280p from 1230p following the company's strong
Read more15th Jun 2010 09:21
0821 GMT [Dow Jones] Citigroup raises Weir Group (WEIR.LN) price target to 1280p from 1230p following the company's stronger-than-expected trading update. Says 1H '10 guidance is around GBP26M ahead of previous expectations. Also notes the company's announcement of a GBP138M acquisition of Malaysian
Read more15th Jun 2010 07:27
0627 GMT [Dow Jones] UBS raises Weir Group (WEIR.LN) price target to 1200p from 1150p. "While Weir has already delivered four decent-sized upgrades to '10 estimates this year we believe the momentum will keep on going, albeit probably not at the same pace that has seen '10 estimates," says UBS. It a
Read more15th Jun 2010 07:27
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0627 GMT [Dow Jones] UBS raises Weir Group (WEIR.LN) price target to 1200p from 1150p. "While Weir has already delivered four
Read more15th Jun 2010 07:27
0624 GMT [Dow Jones] Bellway's (BWY.LN) trading statement is encouraging for both the company and the rest of the sector, says Liberum Capital analyst. Says while Bellway saw a reduction in sales after the general election this was only small. Says the market has been very nervous about the housing
Read more15th Jun 2010 07:27
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0627 GMT [Dow Jones] UBS raises Weir Group (WEIR.LN) price target to 1200p from 1150p. "While Weir has already delivered four
Read more