Weir Group (WEIGF) Upgraded by Canaccord Genuity to “Buy”
Canaccord Genuity upgraded shares of Weir Group (OTCMKTS:WEIGF) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning, MarketBeat reports.
Separately, 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 issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy.
Shares of Weir Group (OTCMKTS WEIGF) opened at 23.50 on Tuesday. Weir Group has a 1-year low of $20.82 and a 1-year high of $25.35. The company’s 50-day moving average is $22.88 and its 200 day moving average is $23.65. The firm has a market capitalization of $5.12 billion and a price-to-earnings ratio of 59.05.
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