Weir Group indicates early evidence of North America pricing pressure
6th Sep 2018 10:05
(Sharecast News) - Weir Group updated the market on its current position on Thursday, as it undertook its usual investor roadshow in London to discuss its half-year results, as well as its strategic progress since the completion of the ESCO acquisition.
Read moreWednesday broker round-up
1st Aug 2018 13:19
(Sharecast News) - Rightmove: Berenberg downgrades to sell with a target price of 4,100p.
Read moreWeir Group misses forecasts for 1H profits, sees pricing pressures in US shale
31st Jul 2018 07:48
(Sharecast News) - Weir Group missed analysts' forecasts for the front half of the year as capacity overhangs continued to weigh on its pricing power in the Oil&Gas market.
Read moreSunday share tips: Travis Perkins, Weir Group, Tax Systems
29th Jul 2018 13:56
(Sharecast News) - Sunday newspaper share tips, including Travis Perkins in the Sunday Times, Weir Group in the Sunday Telegraph and Tax Systems in the Mail on Sunday
Read moreFriday broker round-up
3rd Feb 2017 09:56
(ShareCast News) - Northgate: Barclays reiterates Neutral with a target price of 600p. Royal Dutch Shell A: Barclays reiterates Overweight with a target price of 2800p Royal Dutch Shell B: Barclays reiterates Overweight with a target price of 2800p. A.G BARR: Berenberg reiterates Hold with a targe
Read moreThursday broker round-up
19th Jan 2017 16:45
(ShareCast News) - G4S: Barclays upgrades to equal-weight with a target price of 260p. Weir: Credit Suisse reiterates outperform, 2200p target. Coca Cola HBC: Goldman Sachs upgrades to buy with a 2120p target. Diageo: HSBC reiterates buy with a 2600p target. Aveva: Goldman Sachs reiterates sell w
Read moreWeir Group appoints David Paradis head of Weir Flow Control
13th Jan 2017 07:53
(ShareCast News) - Engineering firm Weir Group has appointed David Paradis as division president of Weir Flow Control, a manufacturer of valves and pumps for the oil and gas industry, effective from 23 January. Paradis, who is currently president of the company's pressure pumping business, succeeds
Read moreMerrill Lynch upgrades Spectris and Spirax, prefers Smiths Group
11th Jan 2017 11:40
(ShareCast News) - Engineering shares were boosted by a note from Bank of America Merill Lynch that upgraded Spectris and Spirax-Sarco Engineering but said Smiths Group was its preferred UK name in a sector where investors are looking to rotate towards cyclical stocks. While positive data indicators
Read moreSector movers: UK engineers pace gains
5th Dec 2016 16:34
(ShareCast News) - Cyclicals and defensives switched places on the leaderboard on Monday, when compared to the end of the previous week. Shares in some of the main UK engineers were among the best performers amid the former following a positive endorsement on the space from analysts at HSBC said in
Read moreSector movers: Industrial Engineers up despite tough end markets
1st Dec 2016 17:19
(ShareCast News) - Another day of solid gains for crude oil futures boosted the oil patch again. Close behind were Industrial Engineers, with shares in Rotork, IMI and Weir Group pacing gains. Commenting on the messages delivered by the three companies at the latest biannual Valveworld trade show i
Read moreNewcomers eye promotion in FTSE 100 index reshuffle
28th Nov 2016 08:41
(ShareCast News) - Irish packaging group Smurfit Kappa, newly listed medical product company ConvaTec Group and online car retailer Auto Trader could make the leap into the FTSE 100 benchmark on Wednesday as part of the quarterly FTSE Russell index reshuffle. Making way could be precious metals prod
Read moreFriday broker round-up
18th Nov 2016 18:17
(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe
Read moreSovereign bond yields headed higher, Credit Suisse says
3rd Nov 2016 12:02
(ShareCast News) - Sovereign bond yields were headed higher, analysts at Credit Suisse warned - and possibly by even more than they themselves were already expecting - even as they recommended clients add to their holdings of the so-called dividend aristocrats and certain cyclicals. Stateside, strat
Read moreWednesday broker round-up
2nd Nov 2016 11:59
(ShareCast News) - Lancashire: JP Morgan keeps at neutral with a target price of 595p. Rolls Royce: UBS stays at neutral, 800p target. Rio Tinto: Barclays reiterates overweight with a 3200p target. Derwent London: Goldnman Sachs reiterates buy with a 3035p target. TUI AG: UBS reiterates buy with
Read moreWeir Group lowers full-year expectations on soft energy market
1st Nov 2016 07:22
(ShareCast News) - Weir Group posted its interim management statement for the third quarter to 31 October on Tuesday, with aftermarket orders stable during the period, though overall order input was down 7%. The FTSE 250 firm said full year profits were now anticipated to be slightly lower than curr
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