Shares of Weir Group (OTCMKTS:WEGRY – Get Free Report) have been assigned a consensus rating of “Buy” from the five research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.
WEGRY has been the topic of a number of research analyst reports. Citigroup restated a “buy” rating on shares of Weir Group in a research note on Friday, October 9th. Jefferies Financial Group reiterated a “buy” rating on shares of Weir Group in a report on Wednesday, August 19th.
Check Out Our Latest Report on WEGRY
Weir Group Price Performance
Shares of Weir Group stock opened at $15.79 on Monday. The company’s fifty day simple moving average is $17.86 and its two-hundred day simple moving average is $18.86. Weir Group has a 12-month low of $15.38 and a 12-month high of $24.85.
Weir Group Company Profile
Weir Group plc is a Glasgow, Scotland-based engineering company that develops and supplies equipment, technology and services for the global mining industry. Founded in 1871 by brothers George and James Weir, the company originally manufactured pumps and steam engines before expanding into minerals processing and other industrial applications.
Its Weir Minerals business provides equipment used to extract, process and transport mined materials, including crushers, screens, grinding equipment, pumps, hydrocyclones and valves.
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