Weir Group Plc (The) (WEGRY) Given Consensus Recommendation of “Buy” by Brokerages
Weir Group Plc (The) (NASDAQ:WEGRY) has been assigned a consensus rating of “Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $14.00.
Several equities research analysts recently issued reports on WEGRY shares. Zacks Investment Research upgraded Weir Group Plc (The) from a “sell” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Tuesday, July 25th. J P Morgan Chase & Co upgraded Weir Group Plc (The) from a “neutral” rating to an “overweight” rating in a research note on Tuesday, April 25th.
Weir Group Plc (NASDAQ WEGRY) traded down 0.98% during trading on Tuesday, hitting $11.12. The company had a trading volume of 875 shares. Weir Group Plc has a one year low of $9.49 and a one year high of $13.39. The company has a market cap of $4.85 billion and a P/E ratio of 54.51.
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About Weir Group Plc (The)
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