Weir Group Plc Given Consensus Rating of “Hold” by Brokerages (NASDAQ:WEIGF)
Shares of Weir Group Plc (NASDAQ:WEIGF) have earned an average recommendation of “Hold” from the ten analysts that are currently covering the stock, StockRatingsNetwork.com reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company.
Shares of Weir Group Plc (NASDAQ:WEIGF) remained flat at $42.90 during trading on Tuesday. Weir Group Plc has a one year low of $33.80 and a one year high of $42.90. The stock has a 50-day moving average of $42. and a 200-day moving average of $41.83. The company has a market cap of $9.146 billion and a price-to-earnings ratio of 16.81.
WEIGF has been the subject of a number of recent research reports. Analysts at Credit Suisse upgraded shares of Weir Group Plc from a “neutral” rating to an “outperform” rating in a research note on Tuesday. Separately, analysts at Citigroup Inc. upgraded shares of Weir Group Plc from a “neutral” rating to a “buy” rating in a research note on Monday, July 7th. Finally, analysts at Societe Generale upgraded shares of Weir Group Plc from a “sell” rating to a “hold” rating in a research note on Tuesday, June 10th.
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