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The Weir Group PLC (WEGRY) Q2 2026 Earnings Call Transcript
The Weir Group LON: WEIR said first-half order growth accelerated in the second quarter, supported by mining activity across copper, gold, iron ore and oil sands, while production-transfer disruptions in its Minerals division delayed some revenue and pressured margins.
Citi has reiterated its buy rating on Weir Group PLC (LSE:WEIR), arguing the mining equipment maker offers clear value after a sell-off, even as it trimmed its price target to 3,150p. The bank said Weir's near-term set-up remains somewhat challenging ahead of half-year results on 29 July.
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