Investment analysts at Credit Suisse Group AG started coverage on shares of Weir Group (OTCMKTS:WEIGF) in a report released on Tuesday. The firm set an “outperform” rating on the stock.
Other equities analysts have also issued reports about the stock. HSBC upgraded shares of Weir Group from a “hold” rating to a “buy” rating in a research report on Monday, May 23rd. JPMorgan Chase & Co. upgraded shares of Weir Group from an “underweight” rating to an “overweight” rating in a research report on Monday. Finally, Morgan Stanley upgraded shares of Weir Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, September 7th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. Weir Group has a consensus rating of “Hold”.
Weir Group (OTCMKTS:WEIGF) opened at 21.50 on Tuesday. Weir Group has a 52-week low of $12.15 and a 52-week high of $21.50. The firm has a 50-day moving average of $20.59 and a 200 day moving average of $17.92. The firm’s market cap is $4.61 billion.
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