UBS sets 3,250 pence target for Weir Group stock ahead of update

Published on 10/15/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS targets 3,250 pence and forecasts 8 percent organic growth in the third quarter. Weir Group stock trades at EUR 31.70 on October 15, 2026.

Quarterly expectations and company milestones

UBS forecasts 8 percent organic growth for the third quarter on October 14, 2026.
First-half 2026 revenue reached GBP 1.27 billion, up 6.20 percent year over year.
Weir Group stock trades at EUR 31.70 at 1:40 p.m. CEST at Lang & Schwarz on October 15, 2026.
The next interim management statement is scheduled for November 4, 2026.

Werkshalle mit schweren Pumpen für The Weir Group plc, GB0009633180 — Fotorealistische Aufnahme einer Fertigungshalle für Bergbaupumpen bei The Weir Group plc, ISIN GB0009633180 dargestellt, Illustration mit AI erstellt.

Weir Group (GB0009465807) was trading at EUR 31.70 at Lang & Schwarz on October 15, 2026, at 1:40 p.m. CEST. Yahoo Finance reported on October 14, 2026, that UBS rates Weir Group Buy with a GBp 3,250.00 price target and forecasts 8 percent organic growth for the third quarter.

What does UBS expect next?

The UBS view centers on Minerals, where easier comparisons could support third-quarter order growth. The bank also pointed to two high-pressure grinding rolls orders announced during the third quarter and said Micromine is contributing to organic growth, giving the estimate a specific operational basis.

The company enters that update with a stronger first-half comparison. According to Weir, first-half 2026 revenue was GBP 1.27 billion, 6.20 percent higher than in first-half 2025. Net income reached GBP 128.6 million, up 16 percent year over year, while adjusted earnings per share rose to GBP 0.50 from GBP 0.43.

Three milestones shape the story

On April 30, 2026, Weir announced Andrew Neilson as successor to CEO Jon Stanton through its investor relations materials. On July 29, 2026, the company reported first-half revenue of GBP 1.27 billion and net income of GBP 128.6 million. On October 14, 2026, UBS published its GBp 3,250.00 target alongside the 8 percent organic-growth forecast.

What dates come next?

The investor calendar lists November 4, 2026, for Weir's third-quarter 2026 interim management statement, according to Weir. The interim dividend payment is scheduled for November 3, 2026, with the payment date reported by Simply Wall St.

Euro quote before the update

For investors, the central test is whether the order momentum described by UBS translates into the November update while the first-half profit growth remains visible in the comparison base. Weir Group was trading at EUR 31.70 at Lang & Schwarz on October 15, 2026, at 1:40 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Weir Group stock.