Weir Group (WEGRY) – What Are Investment Firms Thinking About This Stock?

Weir Group (OTCMKTS:WEGRY) has received an average recommendation of “Buy” from the five brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

A number of analysts have recently commented on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Weir Group in a research report on Wednesday, August 19th. Citigroup reiterated a “buy” rating on shares of Weir Group in a research note on Friday, October 9th.

Weir Group Price Performance

Shares of WEGRY opened at $15.79 on Monday. Weir Group has a twelve month low of $15.38 and a twelve month high of $24.85. The company has a 50 day moving average of $17.86 and a 200-day moving average of $18.86.

Weir Group Company Profile

Weir Group plc is a global engineering company focused on equipment and services for the mining and mineral-processing industries. Its products help customers handle, crush and process materials, including through pumps, valves, crushers and related systems.

The company also provides maintenance, replacement parts and other aftermarket services, as well as digital tools designed to support equipment performance and operational efficiency. Weir serves mining customers across major mining regions worldwide.

Founded in Glasgow, Scotland, in 1871 by brothers James and George Weir, the company has evolved from a general engineering business into a specialist supplier to the mining sector.