Weir Group PLC (WEIR) To Go Ex-Dividend on September 21st
Weir Group PLC (LON:WEIR) announced a dividend on Thursday, July 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 21st will be paid a dividend of GBX 15 ($0.19) per share on Friday, November 3rd. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be seen at this link.
Shares of Weir Group PLC (LON WEIR) opened at 1741.00 on Friday. The firm’s market capitalization is GBX 3.79 billion. Weir Group PLC has a 52 week low of GBX 1,505.00 and a 52 week high of GBX 2,096.00. The stock has a 50 day moving average price of GBX 1,789.51 and a 200 day moving average price of GBX 1,855.63.
In other news, insider Christopher Morgan sold 464 shares of the stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of GBX 1,824 ($23.56), for a total transaction of £8,463.36 ($10,930.34).
WEIR has been the topic of a number of recent research reports. Investec restated a “sell” rating and issued a GBX 1,600 ($20.66) price objective on shares of Weir Group PLC in a report on Tuesday, June 13th. Barclays PLC restated an “overweight” rating and issued a GBX 2,350 ($30.35) price objective on shares of Weir Group PLC in a report on Thursday, August 17th. Peel Hunt upgraded shares of Weir Group PLC to a “buy” rating and upped their price objective for the stock from GBX 2,000 ($25.83) to GBX 2,100 ($27.12) in a report on Friday, August 25th. Deutsche Bank AG restated a “buy” rating on shares of Weir Group PLC in a report on Monday, July 10th. Finally, J P Morgan Chase & Co restated an “overweight” rating on shares of Weir Group PLC in a report on Monday, June 19th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,019.41 ($26.08).
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About Weir Group PLC
The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The Company’s business operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment is engaged in the provision of slurry handling equipment and associated aftermarket support for abrasive high wear applications used in the mining and oil sands markets.
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