Brokerages Set The Weir Group PLC (OTCMKTS:WEGRY) Price Target at $2,150.00

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 business also recently disclosed a dividend, which was paid on Wednesday, November 10th. Stockholders of record on Friday, October 8th were paid a $0.0783 dividend. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend was Thursday, October 7th.

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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Analyst Recommendations for The Weir Group (OTCMKTS:WEGRY)

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