Weir Group (WEGRY) – What Are Investment Firms Thinking About This Stock?

Shares of Weir Group (OTCMKTS:WEGRY – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have recently commented on WEGRY. Citigroup reiterated a “buy” rating on shares of Weir Group in a research note on Friday, October 9th. Kepler Capital Markets upgraded Weir Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Weir Group in a report on Wednesday, August 19th.

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Weir Group Stock Performance

OTCMKTS:WEGRY opened at $18.11 on Thursday. The stock’s 50 day moving average price is $18.45 and its two-hundred day moving average price is $18.00. Weir Group has a 12-month low of $15.38 and a 12-month high of $24.85.

Weir Group Company Profile

(Get Free Report)

The Weir Group plc is a Glasgow-based engineering company that develops equipment and technology for the mining and minerals-processing industries. Its products are designed to help customers extract, transport, process and manage mineral resources, with a focus on improving operational efficiency, reliability and sustainability.

Through its Weir Minerals business, the company supplies pumps, crushers, screens, hydrocyclones, mill liners, valves and other equipment used in applications including comminution, slurry transportation, classification and dewatering.

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