Weir Group (WEIGF) Given Average Recommendation of “Hold” by Analysts
Weir Group (OTCMKTS:WEIGF) has been given a consensus recommendation of “Hold” by the thirteen research firms that are presently covering the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating on the company.
A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. restated an “overweight” rating on shares of Weir Group in a report on Friday, September 30th. Credit Suisse Group AG assumed coverage on Weir Group in a report on Tuesday, September 20th. They issued an “outperform” rating for the company. Finally, Morgan Stanley upgraded Weir Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, September 7th.
Shares of Weir Group (OTCMKTS:WEIGF) traded down 4.01% during trading on Wednesday, hitting $21.31. 1,750 shares of the stock were exchanged. The firm has a 50 day moving average of $21.39 and a 200-day moving average of $18.57. Weir Group has a 12-month low of $12.15 and a 12-month high of $22.20. The company’s market cap is $4.57 billion.
About Weir Group
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