Weir Group (OTCMKTS:WEGRY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Weir Group (OTCMKTS:WEGRY) have received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Weir Group in a research note on Monday, January 12th. Zacks Research cut shares of Weir Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Finally, Citigroup reissued a “buy” rating on shares of Weir Group in a research note on Wednesday, February 4th.

Weir Group Price Performance

Shares of Weir Group stock opened at $18.46 on Friday. Weir Group has a twelve month low of $14.47 and a twelve month high of $24.85. The company has a current ratio of 2.05, a quick ratio of 1.30 and a debt-to-equity ratio of 0.87. The firm’s 50-day simple moving average is $20.66 and its 200-day simple moving average is $20.49.

Weir Group Company Profile

Weir Group PLC is a Glasgow?based engineering firm specializing in the design, manufacture and aftermarket servicing of equipment for the minerals, oil & gas and power industries. Founded in 1871, the company has built a reputation for delivering robust solutions that improve safety, efficiency and sustainability across challenging industrial environments. Its core focus lies in high?performance equipment that supports critical processes such as ore extraction, fluid handling and pressure management.

The company’s Minerals division supplies a comprehensive range of products including slurry pumps, hydrocyclones, crushers and grinding mills, which are widely used in mining and quarrying operations.