Deutsche Bank upgraded Weir Group (WEGRY) to Buy from Hold with a price target of 2,580 GBp, up from 2,200 GBp, following a transfer of coverage. Weir is delivering against its financial framework, with the company “highly geared” to the mining aftermarket, benefiting from structural growth in key hard-rock exposures, the analyst tells investors in a research note.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEGRY: