Credit Suisse Reiterates a “Neutral” Rating on Weir Group (LON:WEIR) and GBX 2200.00 Target; Isramco (ISRL) Sentiment Is 1.5

April 17, 2018 - By Richard Conner

The Weir Group PLC (LON:WEIR) Logo

Isramco Inc (ISRL) investors sentiment decreased to 1.5 in 2017 Q4. It’s down -0.13, from 1.63 in 2017Q3. The ratio has dropped, as 15 institutional investors increased and started new equity positions, while 10 decreased and sold holdings in Isramco Inc. The institutional investors in our database now hold: 129,405 shares, up from 127,903 shares in 2017Q3. Also, the number of institutional investors holding Isramco Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 8 Increased: 10 New Position: 5.

The firm have set price target of GBX 2200.00 on Weir Group (LON:WEIR) shares. This is 5.77% from the previous stock close. In a research report published on Tuesday morning, Credit Suisse reaffirmed their “Neutral” rating on shares of WEIR.

Among 24 analysts covering Weir Group PLC (LON:WEIR), 14 have Buy rating, 1 Sell and 9 Hold. Therefore 58% are positive. Weir Group PLC has GBX 2570 highest and GBX 1 lowest target. GBX 2053.48’s average target is -1.28% below currents GBX 2080 stock price. Weir Group PLC had 262 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, August 28 with “Sector Perform”. The stock has “Equal Weight” rating by Barclays Capital on Tuesday, October 13. The rating was maintained by Barclays Capital on Friday, July 31 with “Equal Weight”. On Wednesday, September 9 the stock rating was maintained by Nomura with “Neutral”. The stock of The Weir Group PLC (LON:WEIR) has “Underweight” rating given on Friday, July 29 by JP Morgan. The stock of The Weir Group PLC (LON:WEIR) has “Buy” rating given on Friday, November 3 by Peel Hunt. Barclays Capital maintained The Weir Group PLC (LON:WEIR) rating on Thursday, August 17. Barclays Capital has “Overweight” rating and GBX 2350 target. RBC Capital Markets upgraded The Weir Group PLC (LON:WEIR) on Wednesday, November 4 to “Sector Performer” rating. The firm has “Equal Weight” rating given on Thursday, February 23 by Barclays Capital. As per Friday, April 15, the company rating was maintained by Numis Securities.

The Weir Group PLC designs, manufactures, and sells highly-engineered services and products worldwide. The company has market cap of 4.66 billion GBP. The firm operates in three divisions: Minerals, Oil & Gas, and Flow Control. It has a 28.45 P/E ratio. The Minerals segment engineers pumps, valves, cyclones, crushers, high pressure grinding rolls, rubber, and other solutions; and provides slurry handling equipment and associated aftermarket support services for mining, sand and aggregates, and oil sands markets.

The stock increased 0.97% or GBX 20 during the last trading session, reaching GBX 2080. About 534,990 shares traded. The Weir Group PLC (LON:WEIR) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

American International Group Inc holds 0% of its portfolio in Isramco, Inc. for 494 shares. Ameritas Investment Partners Inc. owns 85 shares or 0% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 264 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 117 shares.

The stock increased 1.89% or $2 during the last trading session, reaching $108.1. About 1 shares traded. Isramco, Inc. (ISRL) has declined 10.19% since April 17, 2017 and is downtrending. It has underperformed by 21.74% the S&P500.

Isramco, Inc., an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties located onshore in the United States and offshore Israel. The company has market cap of $293.78 million. It operates through two divisions, Oil and Gas Exploration and Production; and Production Services. It currently has negative earnings. The Oil and Gas Exploration and Production segment owns working interests in gas and oil wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah, and Colorado; and operates approximately 515 producing wells located primarily in Texas and New Mexico.

Isramco, Inc. (NASDAQ:ISRL) Institutional Positions Chart

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