Brokerages Set The Weir Group PLC (OTCMKTS:WEGRY) Price Target at $15.00


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Shares of The Weir Group PLC (OTCMKTS:WEGRY) have been assigned a consensus rating of “Hold” from the fifteen analysts that are currently covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company.

A number of equities research analysts have issued reports on the company. Zacks Investment Research downgraded The Weir Group from a “buy” rating to a “hold” rating in a research report on Saturday. Jefferies Financial Group reissued a “hold” rating on shares of The Weir Group in a report on Monday, November 2nd. Credit Suisse Group downgraded The Weir Group from an “outperform” rating to a “neutral” rating in a report on Monday, January 11th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of The Weir Group in a report on Wednesday, January 6th. Finally, Barclays reissued an “overweight” rating on shares of The Weir Group in a report on Wednesday, January 13th.

WEGRY stock traded up $0.14 during trading on Tuesday, reaching $14.34. 2,336 shares of the stock traded hands, compared to its average volume of 4,419. The business’s 50 day moving average price is $13.73 and its 200-day moving average price is $11.14. The Weir Group has a 52-week low of $3.96 and a 52-week high of $14.93. The firm has a market capitalization of $7.44 billion, a PE ratio of 25.60 and a beta of 2.20.

The Weir Group Company Profile

The Weir Group PLC produces and sells highly-engineered equipment worldwide. It operates through three segments: Minerals, ESCO, and Oil & Gas. The Minerals segment offers slurry handling equipment and associated aftermarket support services for abrasive high-wear applications used in the mining and oil sands markets.

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Analyst Recommendations for The Weir Group (OTCMKTS:WEGRY)

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