Weir Group plc

Moving to ‘Neutral’ on changing risk profile

  • Sectors : Capital Goods
  • Companies : Weir Group plc

Ratings and price correct at time of issue.

  • Weir Group plc

    Closing Price: 3132p

  • RATING 23/01/26

  • PREVIOUS RATING 26/01/24

    OUTPERFORM

DAVY VIEW

The strong rally in Weir’s share price aligns with our expectations. The angle of appreciation is steepening. We remain very positive on the long-term outlook for its end markets and raise our price target to £30. However, given that near term risks are increasing, we lower our rating to ‘Neutral’ and reduce our forecasts.

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Jan 23 2026, 07:00 GMT

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