The Weir Group PLC (OTCMKTS:WEGRY) has been given a consensus rating of “Buy” by the sixteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $2,150.00.
A number of research analysts have commented on WEGRY shares. Societe Generale restated a “buy” rating on shares of The Weir Group in a research note on Monday, August 2nd. Morgan Stanley restated an “overweight” rating on shares of The Weir Group in a research note on Friday, October 8th. Stifel Nicolaus upgraded The Weir Group from a “hold” rating to a “buy” rating in a research note on Monday, October 11th. Barclays restated an “overweight” rating on shares of The Weir Group in a research note on Friday, October 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of The Weir Group in a research note on Monday, October 11th.
The Weir Group stock remained flat at $$11.91 during mid-day trading on Thursday. The company had a trading volume of 11,042 shares, compared to its average volume of 17,977. The Weir Group has a 52 week low of $10.92 and a 52 week high of $15.25. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.10 and a current ratio of 1.59. The business has a 50-day moving average price of $11.94 and a two-hundred day moving average price of $12.56.
The Weir Group Company Profile
The Weir Group Plc engages in the provision of engineering solutions. It operates through the following segments: Minerals, Oil and Gas, and ESCO. The Minerals segment offers slurry handling equipment and associated aftermarket support for abrasive high wear applications used in the mining and oil sands markets.
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