Royal Bank Of Canada upgraded shares of Weir Group (OTC:WEIGF) from a sector perform rating to an outperform rating in a research report sent to investors on Tuesday.

Other equities analysts have also recently issued reports about the stock. Canaccord Genuity raised shares of Weir Group from a hold rating to a buy rating in a research note on Tuesday, September 5th. Morgan Stanley cut shares of Weir Group from an overweight rating to an equal weight rating in a research note on Wednesday, July 19th.

Weir Group (OTC WEIGF) traded up 5.74% during midday trading on Tuesday, reaching $24.85. Weir Group has a 1-year low of $20.82 and a 1-year high of $25.35. The stock’s 50-day moving average price is $24.40 and its 200-day moving average price is $23.88. The firm has a market capitalization of $5.41 billion and a price-to-earnings ratio of 60.91.

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