Credit Suisse Group AG Begins Coverage on Weir Group (WEIGF)

Credit Suisse Group AG initiated coverage on shares of Weir Group (OTC:WEIGF) in a research note published on Tuesday morning, reports. The firm issued an outperform rating on the stock.

Several other research firms also recently weighed in on WEIGF. JPMorgan Chase & Co. upgraded Weir Group from an underweight rating to an overweight rating in a report on Monday. Morgan Stanley upgraded Weir Group from an equal weight rating to an overweight rating in a report on Wednesday, September 7th.

Weir Group (OTC:WEIGF) opened at 21.50 on Tuesday. The stock has a 50 day moving average of $20.66 and a 200 day moving average of $17.94. Weir Group has a 52 week low of $12.15 and a 52 week high of $21.50. The company’s market cap is $4.61 billion.

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