JPMorgan downgrades Weir, cites challenges in oil & gas

18th Sep 2019 08:43

(Sharecast News) - JPMorgan Cazenove downgraded its rating on shares of Weir Group to 'neutral' from 'overweight' on Wednesday, cutting the price target to 1,500p from 1,650p as it said oil & gas challenges were set to persist as it reviewed its investment case after recent share price strength.

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Weir wins ?100m Australian order

6th Sep 2019 07:37

(Sharecast News) - Mining engineer Weir Group said it had won a £100m order to provide crushing and pump equipment to the Iron Bridge magnetite project in the Pilbara region of Western Australia.

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Wednesday broker round-up

4th Sep 2019 13:08

(Sharecast News) - Barratt Developments: Peel Hunt downgraded to hold with a target price of 650p.

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Friday broker round-up

23rd Aug 2019 13:24

(Sharecast News) - Entertainment One: RBC Capital Markets downgrades to sector perform with a target price of 560p.

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Friday broker round-up

21st Jun 2019 13:30

(Sharecast News) - Weir Group: Liberum downgrades to buy with a target price of 1,650p.

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Liberum downgrades Weir, cites limited upside in oil & gas

21st Jun 2019 13:26

(Sharecast News) - Liberum downgraded its stance on Weir to 'hold' from 'buy' on Friday, cutting the price target to 1,650p from 1,800p as it pointed to limited upside in oil and gas.

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Monday broker round-up

20th May 2019 13:39

(Sharecast News) - Hays: RBC Capital Markets upgrades to outperform with a target price of 175p.

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Weir reiterates FY revenue, profit guidance as Q1 orders rise 18%

30th Apr 2019 07:38

(Sharecast News) - Engineer Weir Group reiterated full year revenue and profit guidance as first quarter orders rose on the back of its Esco acquisition which offset a weaker performance in oil and gas operations.

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Thursday broker round-up

25th Apr 2019 12:55

(Sharecast News) - CRH: Numis downgrades to hold with a target price of 2,685p.

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Monday broker round-up

15th Apr 2019 12:54

(Sharecast News) - Compass Group: Barclays downgrades to equal weight with a target price of 1,850p.

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FTSE 250 movers: Ferrexpo strikes upward, Wizz flies lower

1st Apr 2019 14:36

(Sharecast News) - London's FTSE 250 index was 0.37% higher at 19,189.01 in afternoon trade on Monday, with Ferrexpo leading the index higher despite delaying the release of its final results.

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FTSE 250 movers: Oilers slide, Ted Baker bounces back

22nd Mar 2019 15:05

(Sharecast News) - London's FTSE 250 was 1.35% lower at 19,086.56 in afternoon trading on Friday, as oil and gas industry names led the index lower.

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Wednesday broker round-up

27th Feb 2019 13:13

(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 222p.

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Weir profits boosted by higher equipment orders

27th Feb 2019 07:09

(Sharecast News) - Full year pre-tax profits at engineering group Weir rose 22% to £310m as orders increased 15% on a like-for-like basis to £2.5bn.

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Wednesday preview: St.Jame's Place, Weir Group in focus

26th Feb 2019 15:39

(Sharecast News) - A stream of corporate announcements will be in the spotlight on Wednesday, as the earnings season continues to ramp-up.

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