Weir Group (WEIGF) Receives Average Recommendation of “Buy” from Analysts
Weir Group (OTCMKTS:WEIGF) has been assigned a consensus recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company.
A number of research firms have recently weighed in on WEIGF. Canaccord Genuity raised Weir Group from a “hold” rating to a “buy” rating in a research note on Tuesday. Morgan Stanley reaffirmed an “equal weight” rating on shares of Weir Group in a research note on Wednesday, July 19th.
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Shares of Weir Group (OTCMKTS WEIGF) traded up 4.21% on Tuesday, reaching $23.50. The company’s stock had a trading volume of 552 shares. Weir Group has a 12-month low of $20.82 and a 12-month high of $25.35. The company has a market capitalization of $5.12 billion and a price-to-earnings ratio of 59.05. The company’s 50-day moving average is $22.85 and its 200 day moving average is $23.65.
About Weir Group
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