Weir Group (WEIGF) Raised to Outperform at Royal Bank Of Canada
Weir Group (OTCMKTS:WEIGF) was upgraded by research analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Tuesday.
A number of other research firms have also recently weighed in on WEIGF. Canaccord Genuity upgraded shares of Weir Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 5th. Morgan Stanley reiterated an “equal weight” rating on shares of Weir Group in a research report on Wednesday, July 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy”.
Shares of Weir Group (WEIGF) opened at 24.85 on Tuesday. The firm has a 50-day moving average of $24.39 and a 200-day moving average of $23.88. Weir Group has a one year low of $20.82 and a one year high of $25.35. The company has a market cap of $5.41 billion and a price-to-earnings ratio of 60.91.
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